According to Lee, the firm is rapidly approaching this self-imposed threshold after successfully accumulating roughly 6 million Ether. This massive treasury represents approximately 4.9% of […]
Tag: target
Bitmine sets 5% Ether supply ‘hard cap’ as accumulation target nears
Speaking to a packed audience during a high-profile keynote address at the Token2049 conference in Singapore on Wednesday, Bitmine Chairman Tom Lee revealed that the […]
Citi Raises Bitcoin Target to $113,000 as New Capital Enters Market Despite Thin Trading Volumes
Citigroup has revised its twelve-month Bitcoin forecast upward, setting a bold target of $113,000 for the leading cryptocurrency. The adjustment, which follows a previous forecast […]
Bitmine sets 5% Ether supply ‘hard cap’ as accumulation target nears
According to Lee, Bitmine is currently sitting comfortably on the precipice of that threshold, having successfully accumulated approximately 6 million Ether. This massive reserve equates […]