Justin Wu|Oct 07, 2026 13:56
Tom Lee at TOKEN2049 says BitMine will “STOP” buying ETH once they hit 5% of Ethereum’s total supply
Fair enough bro
But now I’m curious what happens after that
They’re already holding 6,016,414 ETH
They’re not talking about a $4K target or $5K target
They’re talking about how much of Ethereum they want to own
That’s a completely different mindset
Because if one company can absorb this much ETH
what happens when five of them want a piece?
Supply doesn’t magically multiplY
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