BitMine’s reported Ethereum holdings and 5% accumulation target: on October 12, the company reported buying 12,532 ETH over the prior week, bringing holdings to 6,028,946 ETH, or 4.94% of supply. It said it was about 99% of the way to its 5% target, with 77,442 ETH remaining, according to Lookonchain and BitMNR’s summary of the company update.

BitMine’s reported Ethereum holdings and 5% accumulation target: on October 12, the company reported buying 12,532 ETH over the prior week, bringing holdings to 6,028,946 ETH, or 4.94% of supply. It said it was about 99% of the way to its 5% target, with 77,442 ETH remaining, according to Lookonchain and BitMNR’s summary of the company update.

The same update reported 214 BTC, $612 million in cash and marketable securities, and stakes valued at $180 million in Beast Industries and $85 million in Eightco Holdings. The reported total for crypto and these investments was $16.2 billion. BitMNR also reported that 5,067,309 ETH was staked. BitMNR

Tom Lee had said earlier that BitMine would stop buying ETH at 5% of supply, described in reports as a hard cap. Cointelegraph