BitMine Sets 5% Ether Supply Cap as Accumulation Target Nears
BitMine Immersion Technologies, through Chairman Tom Lee, announced a cap on its Ether holdings at 5% of the total cryptocurrency supply. The company is approaching this threshold, having accumulated approximately 6 million Ether.
BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency’s supply, Chairman Tom Lee said. Speaking during a keynote at Token2049 in Singapore on Wednesday, Lee said BitMine is nearing that threshold after accumulating roughly 6 million Ether, equivalent to about…