Thomas (Tom) Lee (not drummer) FundstratDirect.com

CIO Fundstrat Capital @FundstratCap $GRNY $GRNJ| Research Head @fundstratdirect | @CNBC Contributor | Chairman @BitMNR $BMNR BitMine | Wikipedia:

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

To us, the rise in S&P 500 since late April is healthy, fueled by strengthening AI visibility and arguably justified by the upside to 1Q26 EPS alone ($10 beat)

- these tailwinds, in my view, are sustainable
- US GDP growth is accelerating
- we see this leading to significant gains in 2027 and beyond

Great speaking with @JoeSquawk @BeckyQuick @andrewrsorkin on @SquawkCNBC

@FundstratCap @fundstratdirect
@BitMNR $BMNR

[Squawk Box @SquawkCNBC]

"We might still have challenges, so I think everyone needs to be vigilant, but generally bullish," says @Fundstrat’s Tom Lee on the markets.
https://t.co/Bh40IeFXul

[Uttam @uttam_singhk]

unpopular opinion but ETH performance over the next 2 years is really critical for the ethereum ecosystem

ethereum can be the most resilient, neutral, battle tested blockchain with best in class infra but if ETH underperforms for another 2 years, many businesses, teams and contributors across the ecosystem will struggle to sustain and grow.

[CNBC's Closing Bell @CNBCClosingBell]

The S&P 500 and Nasdaq closing at new records. How long can stocks continue to fly high without a bigger broadening trade? @fundstrat's Tom Lee and @HumilisInvest's @briangbelski weigh in:
https://t.co/d4oeJPWq7d

[BMNR Bullz @BMNRBullz]

TOM LEE: THIS IS CASH RAISING, NOT THE TOP

Tom Lee @fundstrat says the market is getting hit because institutions are raising cash ahead of the $75B SpaceX IPO.

They may need cash for the IPO, then more cash to build a full market weight position in the aftermarket.

That means selling recent winners.

But Tom says the charts are not broken, this dip gets bought, and because so many people think SpaceX marks the top, it probably is not the top.

[Fundstrat Direct @FundstratDirect]

Bad headline this week: the market shrugged. Good headline: $SPX ripped +1.8% open to close, the hardest since March. Same tape. Opposite reactions. The market has developed selective hearing. The real question is how long that lasts. Fundstrat's First to Market breaks it down 👇
https://t.co/OZ7dQdhO5e

[⟠ @ryanberckmans]

A difference between Tom Lee and Saylor is that Tom has low debt.

Another is that Tom is getting involved and invested in Ethereum's app layer and core dev. Whereas if you own BTC, you can't do much to help your own investment, besides cheerlead.

Alchemy of 5%, 8%, LFG BMNR

[VirtualBacon @virtualbacon]

A German robotics company just raised $1.4 billion to build humanoid robots that hold their own crypto wallets.

Tether led it. Nvidia, Amazon and Bosch came in too. Each robot gets a self-custodial wallet and earns micropayments per task.

No bank accounts. Just private keys.

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

Congrats Bitmine @bitmnr on being named Fortunes Crypto 100

$BMNR
@fortune https://t.co/LP1gcTAwAx

[Eric Balchunas @EricBalchunas]

“The entire financial system today is built on tech stack on top of tech stack and there’s a lot of fake/fraudulant transactions. Ether (and btc) has had zero fraudulent transactions. Blockchains are also much cheaper to run.” - Tom Lee making case for Ethereum to Ric Edelman at DACFP (room full of advisors). He also talked about how investing in blockchain is akin to owning real estate, agentic AI will use blockchains for speed and to keep them from going rogue, BitMine may not need to own more that 5% supply, how they have large stake in Mr Beast’s financial co, how ether supply has contracted, also thinks BitMine will likely be added to R1000 at end of June which should help stabilize price.

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

FinX

Tune into @CNBCClosingBell at 3:35pm ET today with @TheJudgeCNBC

- I will be on talking about selloff today

@FundstratDirect @FundstratCap @BitMNR
$BMNR

[Michaël van de Poppe @CryptoMichNL]

I want to add to this:

This Daily RSI on Ethereum has never happened before, neither did the sentiment hit this low of a level.

In history, the previous lowest reads on the Daily RSI combined with a capitulation have provided a massive return if you were buying those.

History will repeat itself on $ETH.

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

Don’t fall for false narratives

- Equity bull market intact
- Crypto only way for tokenization
- Crypto key in a machine to machine AI world

[The Chopping Block @_choppingblock]

.@ethereumJoseph told us not to call it the Second Foundation but also told us SharpLink, BitMine, and ConsenSys are becoming Ethereum's "decentralized commercialization engines" sooooo

Timestamps
00:00 Intro
01:06 Saylor Sells BTC & Market Panic
05:07 STRC Death Spiral & DAT Risks
07:07 Ethereum Foundation Exodus & CROPS
13:04 The "Not Second Foundation" Debate
17:58 Quantum Q-Day: 50% by 2032
23:47 Is All of DeFi Unsafe?
31:11 ZK Composability & Bridge-Free Architecture
34:19 Security Deployment Lag & AI Arms Race
40:18 Anti-Fragility & Formal Verification
47:36 Zama USDC Freeze & Privacy vs Courts
50:33 CFTC Perps Approval & Hyperliquid at $75
55:53 Hyperliquid's Distribution Flywheel
01:00:46 Joe Lubin's Ethereum Bull Case

🔥Stay updated with all the latest hot takes by following and subscribing to @_ChoppingBlock and @unchained_pod!

🎥 YouTube: https://t.co/u9Hei5FJX7
🎧 Spotify: https://t.co/0ilprLbily
🍎 Apple: https://t.co/jrnmstoLAN
🎙 Podcast Home: https://t.co/r6OZC52hUx

[Fundstrat Direct @FundstratDirect]

SpaceX. $GOOGL. Anthropic. OpenAI.
@fundstrat Tom Lee's take on the capital raises coming for all four. Watch his latest Macro Minute: https://t.co/MQQUGRzrG3

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

Lotta equity supply coming on @fundstrat @fundstratdirect ...
https://t.co/MQWJAkuQc4

[Michaël van de Poppe @CryptoMichNL]

We’ve discussed everything on $ETH today with @fundstrat.

[SamAlτcoin.eth ☀️ @SAMALTCOIN_ETH]

$ETH "WORTH ALOT OF MONEY"

Avichal Garg of Electric Capital believes Ethereum has something impossible to replicate:

Credible neutrality.

Bitcoin has credible neutrality too.

But $BTC isn't designed to be the transaction layer and settlement layer for the global financial system.

In a world where countries from China to India to Brazil are looking for financial infrastructure that isn't controlled by any single nation, credible neutrality becomes incredibly valuable.

"You talk to anybody on Wall Street... everybody's trying to build on $ETH."

ETFs are here.

Coinbase is building on ETH.

Robinhood is building on ETH.

Sofi is building on ETH.

What's a global financial network that neither the U.S. nor China controls worth?

"A lot of money."

Sidenote: Avichal Garg's firm Electric Capital, is one of the more respected crypto native VCs. Avichal was mining Bitcoin as early as 2010.

[David Hoffman @TrustlessState]

Justin really burying the punchline here:

"So let me attempt to partially fill the silence... Given everything I know, including scary non-public information...

I now put the odds of qday by 2032 at 50%. 10% by 2030...

[Wolf Of Dubai 💲 @realwolfofdubai]

BREAKING: @fundstrat FULL Paris $BMNR Keynote from today 02nd June 2026

@BitMNR

[Etherealize @Etherealize_io]

Tom Lee: Ethereum DATs can use ~$500 million in annual staking rewards to fund grants for Ethereum ecosystem

“The Ethereum Treasuries — Bitmine and Sharplink among others — now own 7% of the Ethereum supply… Treasury stock is essentially supply permanently taken out from the ecosystem, but we also own the yield. The yield is around 3% so today these public treasuries are generating ~$500 million in rewards, and that is what we can use to fund and grant the crypto ecosystem.”

Lee believes that the Ethereum Foundation narrowing its focus to CROPs (censorship resistance, openness, privacy and security) is the right decision.

“Ethereum is a $240 billion network value entity. It has been operating for 11 years without a single day of downtime. There’s 11,500 nodes in 89 different countries. And there’s 15,000 developers. I think this is too big to be coordinated by a single foundation.”

As Ethereum continues to scale, he believes the ecosystem will move beyond a foundation-centric model and points to private companies like Etherealize, Optimism, Consensys, Enterprise Ethereum Alliance, and Offchain Labs that represent the Ethereum ecosystem and are already doing enterprise engagement.

“This list doesn’t yet reflect the spinoffs coming from the Ethereum Foundation. There’s at least five, and I think Bitmine will play a role in granting and supporting any of those that come out.”

“I think Ethereum is in good hands because the foundation is going to be stronger by staying focused. We have a lot of private sector companies already building products and important L2s on Ethereum. And of course, the treasuries are here to help with funding and granting… If you’re bearish, you are selling at the bottom.”

[BMNR MNAV Tracker @BMNRTracker]

Tom Lee today on how he values crypto based on network usage.

“For every dollar of tokenized assets, it has created $1 of value for $ETH the coin”