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Tom Lee’s BMNR Just Hit 4.9% of Ethereum. Now Comes the 5% Test

Sep 16, 2026 · 01:16 PM ET· updated 2h ago
Tom Lee’s BMNR Just Hit 4.9% of Ethereum. Now Comes the 5% Test

BitMine now holds 4.9% of Ethereum’s supply. Tom Lee’s BMNR is roughly 144,000 ETH from its 5% accumulation target.

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Why It Matters

A company called BMNR now owns almost 5% of all Ethereum. When big owners collect large amounts, it can show what they think about the coin's future.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.