BitMine aims to own 5% of Ethereum supply, raising questions on future demand and strategy. The treasury company has already staked 5 million ETH, worth $257 million annually.

Bitmine buys 7,391 ETH as Tom Lee sees easing Fed conditions supporting crypto and BMNR extends its recovery.

Bitmine adds 7,391 ETH, hits 5.81M tokens and $11.6B in holdings even as BMNR stock slides year over year.