BitMine to stop buying ether at 5% hard cap, Tom Lee says BitMine Immersion Technologies will stop buying ether ETH $2,578.97 once it has accumulated 5% of the cryptocurrency’s supply, Chairman Tom Lee said during a keynote at Token2049 in Singapore on Wednesday. “That’s a hard cap. We’re not gonna be accumulating past 5%,” Lee said . “We’re not gonna own more than 5% of Ethereum.” He said the company needs to buy another 100,000 ETH to hit that self-imposed ceiling. Ether’s price has declined…
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