Bitmine to Stop Ether Purchases Once It Holds 5% of Supply
Founder Tom Lee announced the firm will cease accumulation after reaching the target, ending its role as the largest Ethereum treasury.
The story so far
2 publishers have covered this in 2 articles since 7 Oct 2026. Cointelegraph.com News published first, on 7 October at 08:50 UTC; CoinDesk followed 3h 50m later. The most recent article, from CoinDesk, appeared on 7 October at 12:40 UTC.
Outlets reporting it: CoinDesk (major outlet), Cointelegraph.com News.
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Sources
Every article we clustered into this story. Headlines link to the publisher.
In this story
- Tom Lee
- Bitmine