Tom Lee on Ether holding #ai #stockmarket #crypto #ethereum

TOM LEE SAYS BITMINE ($BMNR) MAY NOT EVEN NEED TO HIT 5% OF ETHEREUM ($ETH)

For months, the strategy was built around one goal: own 5% of all Ethereum. The so-called “Alchemy of 5%.”

Now, Tom Lee believes that target may not require as much buying as originally expected.

His reasoning is simple: Ethereum’s supply is shrinking. As the total pool of ETH gets smaller, BitMine’s existing holdings represent a larger share of the network over time.

In other words, the percentage ownership could increase even without purchasing another coin.

BitMine currently holds approximately 5.54 million ETH, or about 4.6% of Ethereum’s supply.

What are your thoughts on this?