Ether set for another ‘V-shaped recovery,’ Tom Lee says
Fundstrat head of research Tom Lee said he expects Ether to rebound quickly following recent declines, arguing the asset has experienced eight such recoveries since...
Tag : Tom
Tom Lee-Backed Bitmine Controls 3.6% of Ethereum Supply After Price Crash
In a risky but potentially rewarding play, Ethereum treasury company Bitmine Immersion Technologies (BMNR) has become the largest corporate holder of ETH, now controlling 3.6%...
Tom Lee’s BitMine Buys More Ethereum Despite $7.5 Billion Unrealized Loss
In brief BitMine Immersion Technologies added around $83 million worth of ETH last week. The firm now holds 4.325 million ETH, or over $8.8 billion...
Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion
In brief Shares of BitMine Immersion Technologies hit a 7-month low Thursday, falling to its lowest point since the firm announced its Ethereum treasury strategy...
Fundstrat Co-Founder Tom Lee Says Crypto Bottom Is in Following Market Slump
In brief Fundstrat co-founder Tom Lee said that crypto prices have lagged fundamentals as gold and silver pulled risk appetite away. He argued Bitcoin and...
Bitmine Chair Tom Lee Shrugs Off ETH Treasury Losses, Asks If ETFs Should Face Same Scrutiny
Bitmine Immersion Technologies chairman Tom Lee pushed back on criticism of the company’s Ethereum treasury strategy on Tuesday, arguing that paper losses come with the...
Tom Lee's BitMine Buys the Ethereum Dip, Even as Unrealized Losses Top $6 Billion
In brief BitMine added another $96 million worth of Ethereum last week, bringing its total holdings to more than 4.28 million ETH. Its most recent...
Tom Lee–Linked Bitmine Sits on $6B in Unrealized Losses on ETH Reserve
Bitmine Immersion Technologies, a publicly traded digital asset treasury firm linked to investor Tom Lee, is facing more than $6 billion in unrealized losses on...
Fundstrat’s Tom Lee Predicts Bitcoin, Ethereum Surge Once Metals Rally Fades
Fundstrat managing partner Tom Lee believes Bitcoin and Ether are poised to play catch-up once the blistering rally in gold and silver begins to cool,...
Tom Lee’s BitMine Corners 3.5% of Ethereum Supply as Treasury Tops With 4.24M ETH Buy
BitMine Immersion Technologies, a New York–listed company chaired by Fundstrat’s Tom Lee, has quietly built one of the largest concentrated positions in Ethereum ever disclosed...