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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

From cnbc.com

Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether . Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies , effective Monday. The company also announced a $250 million private placement to implement a buying strategy around ether, which it aims to make its primary treasury reserve asset while continuing with its core bitcoin mining business. Lee’s appointment comes amid a groundswell of interest around ... (full story)

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  • Category: Fundamental Analysis