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Bitmine Immersion Technologies to halt purchases if Bitmine's share of Ethereum supply reaches 5% threshold

The Motley Fool +1 ·

ETH
ETH Grayscale Ethereum Staking Mini ETF
$24.01 +1.69%
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  1. 1Bitmine Immersion Technologies has secured over 6 million ETH in Bitmine holdings since June 2025.
  2. 2Bitmine Immersion Technologies holds approximately 4.9% of the total Ethereum circulating supply.
  3. 3Bitmine Immersion Technologies is launching a new financial management strategy focused on maximizing profits.

So what's the key point?

Bitmine Immersion Technologies has accumulated Ethereum to represent 4.9% of the total supply. To maximize profits, the company will stop buying more Ethereum moving forward.

Source The Motley Fool +1 · View original ↗

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