BitMine, a crypto company focused on Ethereum (ETH), is aiming to acquire 5% of the total ETH supply. This ambitious goal has led them to amass over 3.6 million ETH by November 2025. This move signifies a significant shift in their strategy as they sought to focus entirely on Ethereum rather than Bitcoin, with a $250 million investment enabling this endeavor. 5% control would have substantial market impact on DeFi protocols and staking systems due to the sheer volume of ETH purchased. The effect is likely to be felt through increased institutional interest in the cryptocurrency space. This significant accumulation raises concerns about potential centralization within Ethereum’s network, prompting discussions about its regulatory framework. Similar to MicroStrategy’s Bitcoin investments, this move has sparked debate on the market influence and dynamics in the blockchain ecosystem.