BitMine holds 4.9% ETH and aims to reach 5% by early November at the earliest

Ethereum treasury company BitMine holds 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% target and is expected to be achieved as early as early November. Chairman Tom Lee stated that he will evaluate whether to continue increasing holdings by more than 5% or conduct a reassessment in 2027.