🚨 The ‘MicroStrategy’ of Ethereum? It’s Happening — Tom Lee & Joe Lubin Just Raised $675M to Load Up on ETH 💰
$ETH {spot}(ETHUSDT)
A massive Ethereum treasury play is unfolding — and it's being led by two of crypto’s biggest names: Fundstrat’s Tom Lee and Ethereum co-founder Joe Lubin.
🔹 Tom Lee has stepped in as Chairman of BitMine, which just revealed a $250 million private placement to build an ETH-first treasury strategy.
🔹 The company confirmed it plans to use the funds to buy and hold ETH as its primary reserve asset — mirroring MicroStrategy’s legendary BTC model.
Meanwhile…
🔹 Joe Lubin — already Chairman of SharpLink Gaming — is playing his part in a broader $675M effort aimed at institutional ETH accumulation.
💥 Together, they’re laying the foundation for Ethereum’s own version of the MicroStrategy playbook — institutional stacking of ETH at scale.
📈 Implications?
ETH could see stronger demand from public entities
More treasury strategies may follow suit
The ETH narrative as a store of value is gaining steam
👀 All eyes now on how fast this ETH accumulation trend spreads across Wall Street.
