Tom Lee states that the Ethereum cryptocurrency may be the settlement layer for the age of AI, as more institutional adoption is made. Among the factors that will contribute to the future of Ethereum are […]
Lee outlined the breakaway success of the Robinhood Chain L2 mainnet launch, built on Arbitrum. Bitmine Immersion Technologies, the former bitcoin miner turned massive Ethereum accumulator, continues to increase its altcoin exposure by snapping […]
Key Takeaways Strategy sold 3,588 BTC on Jul. 5 to fund preferred stock dividends. Bitmine added 42,197 ETH, bringing holdings to 5.74 million ether. Tom Lee targets 5% of ethereum supply as institutional treasury models […]
Tom Lee also weighed in on the potential impact of the CLARITY Act on the crypto market, and ETH in particular. The Tom Lee-chaired Bitmine Immersion Technologies continues with its Ethereum accumulation strategy, even […]
The head of research and co-founder of the investment management firm Fundstrat says the firm has set a higher year-end target for the S&P 500. Tom Lee says that six months after forecasting that the […]
The company continues with its aggressive ETH accumulation strategy, adding more than 27,000 tokens over the past week. The former major bitcoin miner has expanded its Ethereum treasury once again during a week in […]
The company added almost 77,000 ETH to its stash over the week. The Tom Lee-chaired former bitcoin miner turned Ethereum treasury company continues to increase its ETH holdings by purchasing over $135 million worth […]
Tom Lee is not waiting for the market to come to him. His firm Bitmine has just added another 75,000 Ethereum tokens worth approximately $123 million in a single eight-hour window, and the buying is […]
Key Takeaways Bitmine bought 75,000 ETH for about $123 million on June 9, averaging near $1,640 per coin. The firm now holds 5.4 million ETH and ranks second only to Strategy among public crypto treasuries. […]
Fundstrat managing partner Tom Lee says last week’s stock market pullback is a “false narrative” about the health of the bull market — and he is urging investors not to read too much into the […]
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