{"id":667898,"date":"2026-10-07T09:52:50","date_gmt":"2026-10-07T09:52:50","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/07\/bitmine-sets-5-ether-supply-hard-cap-as-accumulation-target-nears\/"},"modified":"2026-10-07T09:52:50","modified_gmt":"2026-10-07T09:52:50","slug":"bitmine-sets-5-ether-supply-hard-cap-as-accumulation-target-nears","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/07\/bitmine-sets-5-ether-supply-hard-cap-as-accumulation-target-nears\/","title":{"rendered":"BitMine sets 5% Ether supply \u2018hard cap\u2019 as accumulation target nears"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M4AP0BJATXTVZ7SJ2N0M4WW6\/token-tom-lee.png\" alt=\"BitMine sets 5% Ether supply \u2018hard cap\u2019 as accumulation target nears\" class=\"type:primaryImage\" \/><\/p>\n<p>Tom Lee said BitMine will not accumulate Ether past 5% of the supply, turning the company\u2019s target into a ceiling.<\/p>\n<p>BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency\u2019s supply, according to Chairman Tom Lee.<\/p>\n<p>Speaking during a keynote at Token2049 in Singapore on Wednesday, Lee said BitMine is nearing the threshold after accumulating roughly 6 million Ether, equivalent to about 4.9% of the supply. He said the company needs about 100,000 ETH more to reach its target.<\/p>\n<p>\u201cThat\u2019s a hard cap. We\u2019re not gonna be accumulating past 5%,\u201d Lee said. \u201cWe\u2019re not gonna own more than 5% of Ethereum.\u201d<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitmine-ether-5-percent-supply-hard-cap\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Tom Lee said BitMine will not accumulate Ether past 5% of the supply, turning the company\u2019s target into a ceiling. BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency\u2019s supply, according to Chairman Tom Lee. Speaking during a keynote at Token2049 in Singapore on Wednesday, Lee said BitMine is nearing the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":667899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-667898","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/667898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=667898"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/667898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/667899"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=667898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=667898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=667898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}