coin-img-XAUTXAUT-1.11%coin-img-HYPEHYPE-7.35%coin-img-PAXGPAXG-1.01%coin-img-WLFIWLFI-3.69%coin-img-ASTERASTER+4.51%coin-img-ONDOONDO-3.04%coin-img-ZAMAZAMA-16.09%coin-img-ETHETH-5.89%coin-img-XAUTXAUT-1.11%coin-img-HYPEHYPE-7.35%coin-img-PAXGPAXG-1.01%coin-img-WLFIWLFI-3.69%coin-img-ASTERASTER+4.51%coin-img-ONDOONDO-3.04%coin-img-ZAMAZAMA-16.09%coin-img-ETHETH-5.89%coin-img-XAUTXAUT-1.11%coin-img-HYPEHYPE-7.35%coin-img-PAXGPAXG-1.01%coin-img-WLFIWLFI-3.69%coin-img-ASTERASTER+4.51%coin-img-ONDOONDO-3.04%coin-img-ZAMAZAMA-16.09%coin-img-ETHETH-5.89%coin-img-XAUTXAUT-1.11%coin-img-HYPEHYPE-7.35%coin-img-PAXGPAXG-1.01%coin-img-WLFIWLFI-3.69%coin-img-ASTERASTER+4.51%coin-img-ONDOONDO-3.04%coin-img-ZAMAZAMA-16.09%coin-img-ETHETH-5.89%

Bitmine Targets 5% of Ethereum Total Supply

Bitmine aims to control 5% of Ethereum's total supply and is relatively close to that goal, a Fundstrat-linked account said. The analysis reviews Bitmine's current ETH holdings and estimates the path and timeline to reach what the firm calls the "alchemy of 5%." The report compares Bitmine's accumulation strategy to a "Michael Saylor of Ethereum" approach, highlighting its aggressive ETH-focused positioning.
ETH
ETH-5.73%
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