BitMine holds 6 million ETH, 103700 short of the 5% supply target

As of Sunday, BitMine Immersion Technologies held 6.0013 million ETH, accounting for 4.9% of the total supply of 122.1 million ETH, which is 103700 ETH short of the 5% supply target. The company has purchased an average of approximately 21600 ETH per week over the past 12 weeks, and if this pace is maintained, it will reach its target in approximately 4.8 weeks. Chairman Tom Lee stated that the company will reassess whether to continue increasing its holdings to over 5% in 2027.