BitMine to Stop Buying ETH at 5% of Supply, Tom Lee Says

A self-imposed supply cap turns a corporate treasury strategy into a publicly observable milestone, giving the market a rare, quantifiable endpoint for a single buyer's accumulation. The signaling matters more than the mechanics: once that ceiling is reached, the marginal bid that this buyer represents disappears, and the market will have to absorb that shift. Whether the cap holds, and how the remaining tokens are acquired, is the open question.