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MarketPublished by KAS Watch · October 08, 2026

Bitmine to Halt ETH Accumulation Upon Reaching 5% Supply

Tom Lee announced that Bitmine will cease purchasing Ethereum once its holdings reach 5% of the total supply, concluding an accumulation phase that began in mid-2025 and established the firm as a major ETH treasury.

Why it matters for the market

Shifts in major treasury accumulation patterns can influence broader crypto market liquidity and risk sentiment, which may indirectly affect alternative assets like Kaspa.

Original source

CoinDesk
Source publication · October 07, 2026 · 1 verified source
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EthereumBitmineTom LeeMarket LiquidityTreasury
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