Tom Lee-Led BitMine Holds 4.8% of Ethereum Supply, Nearing 5% Goal

On July 7, US-based Ethereum Treasury company BitMine announced that as of June 28, it held 5,742,237 ETH. This represents an increase of 42,197 ETH from the previous week's reported holdings of 5,700,040 ETH, indicating the amount acquired over the past week. The holdings now represent 4.8% of the total Ethereum supply of 120.7 million ETH, reaching 95% of the company's target of acquiring 5%.