Bitmine buys 28,086 ETH, treasury nears 5% of supply

This move signals a growing trend of corporate treasuries accumulating ETH at scale, which tightens liquid supply and could shift market dynamics if other firms follow. The near-5% threshold is symbolic, as it approaches a level where a single entity's holdings may start to influence governance or staking decisions. For observers, the key question is whether this concentration pressure will prompt regulatory scrutiny or encourage more institutional adoption, given the precedent it sets for balance-sheet crypto allocation.