BitMine Immersion Technologies ($BMNR) is signaling it may slow the pace of its Ethereum (ETH) accumulation after rapidly approaching a self-imposed ownership target—a shift that could reshape investor expectations around one of the market’s most aggressive corporate ETH buyers.
Tom Lee, the company’s chairman, said that if BMNR continues purchasing at roughly 100,000 ETH per week, it could reach what was originally framed as a five-year objective in as little as six weeks. The company now holds more than 5 million ETH, equivalent to about 4.29% of Ethereum’s total supply, according to… Read more
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