Bitmine Nears Ethereum Accumulation Goal as Tom Lee Signals Slower ETH Buying Pace

Bitmine (BMNR), the worlds largest Ethereum treasury company, may reduce the speed of its Ethereum (ETH) accumulation as it approaches its long-term target, Chairman Tom Lee revealed during Consensus 2026 in Miami. The crypto treasury firm currently holds more than 5.1 million ETH, valued at approximately $11.9 billion, making it one of the biggest institutional Ethereum holders in the market. Lee explained that Bitmine initially expected it would take nearly five years to accumulate 5% of Ethereums total circulating supply. However, the company has already reached 4.29% ownership in less…  Read more

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