Imagine your pension fund invested in a company that one day just up and decides to replace its cash reserves with…Ether. Sounds wild, right? That's essentially what BitMine Immersion Technologies, now helmed by Fundstrat's Tom Lee, is planning to do. The former bitcoin mining company’s pivot is one of the...
Tom Lee’s hopes for BitMine to become the “MicroStrategy of Ethereum” are audacious. It's exciting, even. But is it wise? While the potential upside is undeniable, driven by the belief that ETH will appreciate significantly, there are some serious, under-discussed risks that need to be considered. Here’s what Lee could...
The crypto community can’t stop talking about BitMine’s aggressive new plan. Led by storied market strategist Tom Lee, the company is heading in a huge direction focused on Ethereum. The question remains whether this maneuver is a genius play, setting up BitMine to become the new MicroStrategy, or a foolish...
