Fed cutting interest rates will have dual positives of:
- lowering interest rates, particularly mortgage rates could fall (spread to 10Y)
- boosting biz confidence as ISM below 50 for a record 31 months
This is why a Fed cut in Sept will be supportive of equities, particularly small-caps $IWM and financials $XLF and crypto $BTC $ETH
Great speaking with @andrewrsorkin@BeckyQuick on @SquawkCNBC today
@FundstratCap@fs_insight
According to @WyckoffOnCrypto
“The bigger the base, the bigger the breakout” $ETH
Tom Lee @fundstrat, gentleman and scholar 🧐, is Chairman of Bitmine
Ticker: $BMNR @BitMNR
🧵
1/16
BitMine's August 'Chairman's Message' video 📺
Lots but highlights:
- ETH tailwinds argue for ETH/BTC ratio to exceed 2021 high of 0.0873
- Ethereum '1971 moment' where Wall Street building on blockchain
- etc
@YouTube 📺 link ⛓️:
https://t.co/0gnfJCwjpD
PDF link ⛓️:
https://t.co/Mr7hejmAwp
Ticker: $BMNR
Chairman: Tom Lee @fundstrat
🧵
1/16
BitMine's August 'Chairman's Message' video 📺
Lots but highlights:
- ETH tailwinds argue for ETH/BTC ratio to exceed 2021 high of 0.0873
- Ethereum '1971 moment' where Wall Street building on blockchain
- etc
@YouTube 📺 link ⛓️:
https://t.co/0gnfJCwjpD
PDF link ⛓️:
https://t.co/Mr7hejmAwp
Ticker: $BMNR
Chairman: Tom Lee @fundstrat
To appreciate why Ethereum is one of the biggest macro trades of next decade, consider:
- Wall Street re-architecting on the blockchain (1971 moment)
- stablecoins is start of tokenizing assets onto blockchain
- agentic-AI creating need for a token economy
This positively transforms the US financial sector $XLF and massive tailwind for $ETH
Bitcoin $BTC remains best store of value
Great convo 🎙️with @WilfredFrost of @masterinvestor
Tom Lee's Ethereum Treasury Company Bitmine $BMNR now holds more than $6.6 Billion worth of ETH up from the $4.9B last week
BitMine now ranks as the #1 Ethereum treasury and #2 global crypto treasury company, behind just @Saylor and Strategy
ALERT ‼️🚨
Doubling ETH holdings to 163,142 tokens to $500 million in just 3 trading days
“Since closing $250 million private placement, we surpassed $500 million in $ETH” said Tom Lee @fundstrat, Chairman of BitMine @BitMNR
Jonathan Bates, CEO “Wall Street getting ‘ETH-pilled.’"
Link ⛓️: https://t.co/3ZtHOxBrTI
$BMNR @ethereum@business@PRNewswire
Ethereum is the backbone of the next digital era.
At $BMNR, we’re not speculating, we’re executing.
$ETH is not a trade. It’s infrastructure. It’s conviction.
We’re building for a world that runs on Ethereum.
NEW: 🔥 Fundstrat’s Tom Lee is joining BitMine ($BMNR) as chairman.
The company plans to raise $250M and become the "MicroStrategy" of Ethereum, amassing one of the largest public ETH treasuries.