BitMine Sets 5% Hard Cap on Ether Supply as Accumulation Target Nears

BitMine's move turns a soft ambition into a self-imposed constraint, which matters less for what it says about Ether than for what it says about the company's own risk framing. A public cap is a governance signal: it pre-commits BitMine to stop buying, removing the option to keep scaling the position indefinitely. The open questions are whether the cap holds if market conditions change, and whether other large holders adopt similar self-limits as a way to manage the perception of concentration.