The post 66% Towards Controlling 5% Of Total Ethereum Supply appeared on BitcoinEthereumNews.com.

In a move that has sent ripples through the cryptocurrency community, Bitmine (BMNR) has achieved a staggering milestone. The company now reports it is two-thirds of the way toward its audacious goal of accumulating 5% of all Ethereum in existence. This strategic play isn’t just a headline; it’s a potential game-changer for the Ethereum supply landscape and market dynamics. What Does Bitmine’s Massive Ethereum Accumulation Mean? Recent data, first highlighted by Cointelegraph, reveals Bitmine currently holds approximately 3.97 million ETH. This colossal stash represents about 3.28% of the total Ethereum supply. To put this in perspective, the company needs roughly 2.03 million more ETH to hit its 5% target. This aggressive accumulation strategy raises immediate questions about market impact and long-term intent. Why is this significant? Controlling such a large portion of a major asset’s supply can influence several factors: Market Liquidity: A significant holder can affect the available ETH for trading. Network Governance: Large stakeholders may have more sway in future Ethereum upgrade decisions. Price Stability (or Volatility): The movement of such large holdings can move markets. How Did Bitmine Reach 66% of Its Ethereum Goal? The journey to accumulating nearly 4 million ETH didn’t happen overnight. While Bitmine has not disclosed all its acquisition methods, such a feat typically involves a multi-pronged approach. This likely includes direct market purchases, over-the-counter (OTC) deals to minimize price impact, and potentially leveraging treasury assets. Reaching 66% of a target this large demonstrates formidable financial strategy and deep conviction in Ethereum’s future. However, this path isn’t without its challenges. The remaining 34%—over 2 million ETH—will be harder to acquire. As Bitmine’s holdings grow, each additional purchase becomes more noticeable and potentially more expensive, a phenomenon known as slippage. Furthermore, the crypto community and regulators will be watching this concentration of Ethereum supply…

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Filed under: News - @ December 20, 2025 11:26 am