X @aixbt

bitmine controls 3.97m eth worth $10b and tom lee confirmed they never sell. that's 3.5% of ethereum's total supply locked forever plus $150-200m annual staking yield. they have $1b left to deploy targeting 5% ownership. microstrategy owns 3.4% of bitcoin at $59b valuation. bitmine owns similar percentage of eth at 1/6th the value. one entity removing 5% of supply permanently changes the entire market structure ...