For fifteen consecutive months, BitMine Immersion Technologies has bought Ethereum (ETH) every single week, making it one of the steadiest corporate spot bids in the digital asset market. That uninterrupted run now has a published end point.

Chairman Tom Lee used his appearance at Token2049 to confirm, in an announcement posted on X, that the long-running purchase program now operates under a 5% hard cap — with the company 88,586 ETH short of that ceiling. The disclosure gives the weekly accumulation plan its first publicly defined limit, converting an open-ended buying streak into a bounded program. It also hands observers a fixed yardstick: every weekly disclosure can now be measured against a known distance to the cap rather than an undefined target.

BitMine moved into Ethereum accumulation in mid-2025 and has since stood among the largest corporate holders of the asset. Its shares trade on NYSE American under the ticker BMNR. The company's strategy centers on acquiring ETH as a primary treasury reserve asset, with purchases disclosed on a weekly basis — a cadence that made its bid a fixture of the ETH spot market, and one that now serves as the running public record of progress against the newly announced limit.

BitMine's program has run alongside a broader wave of public companies adopting digital-asset treasury strategies, a trend in which ether emerged as one of the leading reserve choices behind bitcoin. Against that backdrop, the cap gives one of ether's largest corporate holders a defined stopping point for an accumulation run that previously had none.

Lee, co-founder of research and advisory firm Fundstrat Global Advisors and one of Wall Street's most widely followed commentators on digital assets, has chaired BitMine since the company adopted its Ethereum-focused treasury strategy.

Token2049 ranks among the crypto industry's largest annual conference gatherings, drawing executives, investors, and developers from across the sector.

This content was first published on COINOTAG: https://en.coinotag.com/tom-lee-bitmine-ethereum-eth-5-percent-cap