Analyst: bitmine holds 6 million ETH, 103,700 short of the 5% supply target
2026-09-29 17:09:50
According to CoinMeta, as of Sunday, bitmine, immersion, and technologies held 6.0013 million ETH, accounting for 4.9% of the total supply of 122.1 million ETH. They are still 103,700 ETH short of reaching the 5% supply target. The company has been purchasing an average of about 21,600 ETH per week over the past 12 weeks. If this pace is maintained, they should be able to reach the target in about 4.8 weeks. Chairman Tom Lee stated that the company will re-evaluate whether to continue increasing their holdings to over 5% in 2027.
Source:Internet
This content is for market information only and does not constitute investment advice.
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