💥 High impact news for ETH:
🔥 Tom Lee (Fundstrat) joins BitMine ($BMNR) as president, with the plan to raise $250M to become the “MicroStrategy” of Ethereum, accumulating one of the largest public treasuries of #ETH
⛓️ CROSSING WITH THE ENTIRE SCENARIO
Institutional narrative for ETH is strongly reinforced:
Chainlink ACE + institutional tokenization.
BlackRock with $2.9B mostly tokenized in Ethereum.
Now BitMine wants to be the MicroStrategy of ETH with Tom Lee.
ETH becomes the central asset of regulated adoption:
Store of value narrative + compliance + DeFi.
This differentiates it from more speculative altcoins and BTC, which has specific sales (like the one from Bhutan today).
This could be a catalyst for technical breakout if price and volume are confirmed:
Supports the momentum post-EthCC.
Reinforces setup for breakout of 2475–2480 and possible rally towards 2520–2550.