Ethereum treasury firm BitMine (Immersion Technologies) may slow its spot Ethereum buying as it nears a stated accumulation target, according to comments attributed to market strategist Tom Lee. Both outlets report that BitMine is targeting a 5% accumulation of ether. At the current pace of purchases, Lee says the firm is on track to reach that 5% goal in roughly six weeks after its ongoing buying activity continues. After reaching the target, Lee indicates BitMine would shift away from additional large-scale spot purchases and toward other uses of its ether holdings. Those next steps include increased focus on staking and potential share buybacks, as described in the reporting. One outlet also characterizes BitMine’s near-term position as having amassed nearly $12 billion worth of ether, reinforcing that the firm’s purchasing momentum is approaching its planned threshold. The coverage is based on Lee’s projections rather than a confirmed change in policy by the company, and it focuses on a potential adjustment in strategy tied to the accumulation percentage target.