BitMine Says It Will Not Accumulate More Than 5% of Ethereum Supply

BitMine says it does not plan to accumulate more than 5% of the total $ETH supply.
The firm is already reported to hold roughly 4.9% of Ethereum's supply, putting it close to that stated ceiling.
With such a large concentration held by a single corporate treasury, BitMine's accumulation strategy and any future changes to its holdings remain important factors for Ethereum market participants to monitor.