🇺🇸 TOM LEE EXPLAINS WHY HIS COMPANY IS BUYING ETHEREUM — ON CNBC
🔸 Tom Lee, now serving as Chairman of Bitmine, revealed that the firm has raised $250 million to accumulate and hold Ethereum — mirroring what MicroStrategy has done with Bitcoin.
🔸 He believes that in 2025, finance and crypto are rapidly converging, especially as stablecoins gain traction among banks and businesses.
🔸 Since Ethereum is the primary blockchain powering stablecoins, owning and staking ETH plays a key role in securing the network.
🔸 Lee said this strategy will enable future banks to issue stablecoins securely while helping preserve the U.S. dollar’s dominance.
🔸 Ethereum is viewed as the most compliance-friendly blockchain, where security and regulatory trust matter more than speed.
🔸 He projects that stablecoin market cap could grow from $250 billion to $2 trillion, generating massive value and transaction fees for Ethereum.
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