Ethereum (ETH), the second-largest cryptocurrency, was not chosen randomly by Fundstrat’s Tom Lee as a cornerstone of his crypto technique. Adriano Feria, seasoned Ethereum (ETH) researcher, explains the motivation behind the $8.8 billion technique of Bitmine Immersion.
Here is why Tom Lee picked Ethereum: Researcher’s take
Ethereum (ETH) turned the essential asset in Bitmine’s crypto technique due to its standing as default alternative for stablecoins, tokenization and DeFi, researcher Adriano Feria identified on X. As such, the choice to go together with Ethereum (ETH) was not a random decide for the finance heavyweight.
I have to apologize once more for being impolite, however the retards who’re nonetheless hating ETH and trashing Tom Lee want to know this:
Tom Lee did not simply randomly decide ETH. He picked it due to the place Ethereum has secured available in the market because the “default” alternative for stablecoins,…
— AdrianoFeria.eth 🦇🔊 🛡️ (@AdrianoFeria) August 24, 2025
Bitmine’s initiative gained steam as a result of Ethereum (ETH) morphed right into a multi-purpose “Web of Finance,” and TradFi moguls are looking for alternatives to profit from it with out holding cryptocurrency bodily.
Merchandise like BMNR are due to this fact a leveraged proxy for accumulation out there for billionaires — and Fundstrat is way from being alone on this section, Feria opines:
ETH treasuries usually are not simply DATs. Take a look at who’s representing them, and who’s allocating severe capital.
The researcher confused that the company cryptocurrency treasuries are not about “BTC sport,” as Ethereum’s “Web of Finance” is in focus now. Additionally, Ethereum (ETH) is likely one of the best-performing belongings in current a long time out there to establishments.
Feria confused that Ethereum (ETH) completed all of this by way of know-how and finance regardless of being attacked by “no-coiners” and insiders for your entire decade.
Bitmine provides $2.2 billion to ETH baggage in only one week, cements #1 Ether holder standing
As such, Ethereum (ETH) advanced into a greater Retailer of Worth within the 10-year perspective in comparison with Bitcoin (BTC) and different altcoins.
Helmed by Fundstrat’s Tom Lee, Bitmine Immersion is likely one of the most influential company crypto treasury firms on the planet.
During the last week, it accrued $2.2 billion in ETH pushing the online whole worth of treasury over $8.8 billion. Bitmine and a few its rivals now maintain extra ETH than Ethereum Basis.
