Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

Ether is set to lose a significant buyer as Bitmine, co-founded by Tom Lee, announced it will stop purchasing tokens once it reaches 5% ownership of ETH. This marks an end to an accumulation period that began in mid-2025 and made Bitmine the world's largest Ethereum treasury.

Sources

• CoinDesk — Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

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