Bitmine to halt Ethereum purchases after reaching 5% ownership target

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Fundstrat's Tom Lee stated that Bitmine will cease its accumulation of Ether upon reaching a 5% ownership threshold. The company began its purchasing program in mid-2025, systematically building its holdings. This strategy has established Bitmine as the world's largest single holder of Ethereum. The planned halt removes a consistent buyer from the market, potentially impacting future demand dynamics.

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