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The Latest Breaking News from Tom Lee

BitMine Immersion Now Holds 1.15 Million Ethereum Tokens. Should You Buy BMNR Stock Here?

BitMine Immersion stock pushes up after increasing its ETH holdings by $2 billion within a week. Here’s why the crypto pivot has worked for BMNR shares and why it will likely continue to work.

Barchart

BitMine (BMNR) Stock Surges As Company Becomes World's Largest Ethereum Holder

Shares of Bitmine Immersion Technologies Inc (NYSE:BMNR) are trading sharply higher this week, propelled by the firm’s ongoing strategic pivot to build an Ethereum (CRYPTO: ETH) treasury. Here’s what investors need to know.

Benzinga

This Ethereum Whale Could Have Taken Home Over $4 Million Profit – Now They Are Staring At Liquidation

A whale investor is on the brink of liquidation on Thursday after failing to secure profits worth $4.25 million on an Ethereum (CRYPTO: ETH) short bet.

Benzinga

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Ethereum Treasury Strategy Fuels Cosmos Health's $300 Million Financing Deal—Stock Surges 31%

Cosmos Health Inc. (NASDAQ:COSM) shares surged 30.98% to $1.15 after announcing a $300 million financing facility to launch an Ethereum (CRYPTO: ETH) treasury strategy, joining a growing trend of corporations adopting digital asset reserves.

Benzinga

Bitcoin At Crossroads: Tom Lee Sees $1 Million, Polymarket Bets On Dip

Crypto's crystal ball is showing two very different futures. Analysts such as Tom Lee declare Bitcoin (CRYPTO: BTC) is morphing into the "replacement for gold," forecasting it could eventually top $1 million. Meanwhile, prediction-market users at Polymarket assign an 80% chance Bitcoin will drop to around $111K this month —…

Benzinga

Tom Lee: Ethereum Is Having A '2017 Bitcoin Moment', Could Hit $15,000 By End Of 2025

Fundstrat co-founder Tom Lee predicts Ethereum (CRYPTO: ETH) may possibly overtake Bitcoin (CRYPTO: BTC) thanks to its use cases for Wall Street.

Benzinga

Tom Lee Believes Strategy Could Become The Biggest Company If Bitcoin Hits $1 Million: Michael Saylor Is 'Changing The Reality' Of The Stock Market

Financial analyst Tom Lee predicted Tuesday that Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) could become the largest company in the stock market, especially if Bitcoin (CRYPTO: BTC) hits $1 million.

Benzinga

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Michael Novogratz Says Bitcoin, Ethereum Treasury Frenzy May Be Over — What Now?

The surge of companies adding cryptocurrencies to their balance sheets may be hitting a plateau, according to Galaxy Digital (NASDAQ:GLXY) CEO Michael Novogratz.

Benzinga

Fundstrat's Tom Lee: Owning Bitcoin Is Like Owning Land Under A McDonald's

Bitcoin (CRYPTO: BTC) is undergoing a reframing in how institutions may treat it, not as a volatile asset, but as digital infrastructure akin to real estate.

Benzinga

Ethereum Treasury Wave Sweeps Walls Street: This Company Now Holds Nearly 4x More ETH Than Vitalik Buterin

BitMine Immersion Technologies, Inc. (AMEX:BMNR) is aggressively investing in Ethereum (CRYPTO: ETH), with its current holdings far exceeding those of the network's co-founder, Vitalik Buterin.

Benzinga

Tom Lee Calls Ethereum The 'Biggest Macro Trends For The Next 10–15 Years' As BitMine Becomes Largest ETH Holder With $3 Billion Treasury

Fundstrat Global Advisors Head of Research Tom Lee said Ethereum (CRYPTO: ETH) is among the “biggest macro trends for the next 10-15 years” as BitMine Immersion Technologies Inc. (AMEX:BMNR) announced on Monday it now holds 833,133 ETH tokens valued at $3.0 billion.

Benzinga

Tom Lee Says Fed's About To Pivot As Goldman Warns Of Largest Jobs Revisions Since 1968: 'Supportive Of Higher PE'

Fundstrat‘s Head of Research Tom Lee predicts a Federal Reserve policy pivot following Goldman Sachs’ warning about historic job data revisions, as July employment figures reveal the largest two-month downward adjustment outside recessions since 1968.

Benzinga

BitMine (BMNR) Stock Is Tumbling Tuesday: What's Going On?

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are bouncing around in early trading Tuesday after the company announced a shelf offering by selling stockholders and a subsequent stock repurchase program.

Benzinga

Bill Miller IV Says 'Every Company Might Be A Bitcoin Treasury' In 20 Years—Claims Ethereum Won't 'Win' In The End

Miller Value Partners portfolio manager Bill Miller IV predicts widespread corporate Bitcoin (CRYPTO: BTC) adoption within decades, dismissing Ethereum‘s (CRYPTO: ETH) long-term prospects despite recent regulatory advantages.

Benzinga

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Benzinga

Peter Thiel And Cathie Wood Just Boarded Tom Lee's Ether Rocket

A little-known crypto microcap is suddenly attracting some very big names. Bitmine Immersion Technologies Inc (NYSE:BMNR), a modular crypto miner previously flying under the radar, has become the latest magnet for bold bets from Peter Thiel, Cathie Wood, and Tom Lee.

Benzinga

Apple Is Going To Surprise Wall Street, Says Tom Lee, As iPhone Maker 'Could Be Quietly Ready To Pounce On AI'

As Wall Street has been rallying behind the iPhone maker, led by Tim Cook, to dive into the artificial intelligence (AI) race, Fundstrat’s Tom Lee says that Apple Inc. (NASDAQ:AAPL) could be ready to surprise investors.

Benzinga

Is $1M Bitcoin Realistic? Tom Lee Says It May Be Closer Than You Think

Fundstrat's Head of Research Tom Lee on Monday reiterated his long-term bullish view on Bitcoin (CRYPTO: BTC), saying the asset could surpass $1 million per coin within the next few years.

Benzinga

NYU Professor Warns Companies Against Moving Cash Into Bitcoin — Unless You're Strategy, PayPal, Or A Meme Stock: 'This Is A Bad Idea'

NYU finance professor Aswath Damodaran is urging caution regarding corporate Bitcoin holdings, which have gained traction in recent years, with just four notable exceptions.

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Benzinga

BitMine Surges 14% After Hours As Ethereum Holdings Top $1 Billion Just Days After $250 Million Raise

BitMine Immersion Technologies Inc. (AMEX:BMNR) surged 14.11% in after-hours trading on Thursday, reaching $47.81 per share as the company’s Ethereum (CRYPTO: ETH) holdings crossed the $1 billion threshold following its recent pivot to an ETH treasury strategy.

Benzinga

Tom Lee Says Michael Saylor-Led Strategy's 35x Surge Wasn't Just Bitcoin — Treasury Moves 'Far More Significant' Than Token Price Gain

Wall Street strategist Tom Lee said Thursday that the astronomical jump in Strategy Inc. (NASDAQ:MSTR) shares was due not just to the rise in Bitcoin (CRYPTO: BTC) but also to the financial maneuvers it adopted.

Benzinga

Tom Lee Says Ethereum Set For Breakout As Stablecoins Become 'ChatGPT Moment' For Wall Street And Crypto

Fundstrat Global Advisors co-founder Tom Lee said on Tuesday that Ethereum (CRYPTP: ETH) is positioned for a significant breakout as stablecoins create a transformative “ChatGPT moment” for Wall Street and cryptocurrency convergence.

Benzinga

BitMine Immersion Technologies Stock Surges After Hours: What's Going On?

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are ripping higher in Tuesday’s after-hours session after billionaire PayPal and Palantir co-founder Peter Thiel disclosed a stake in the company.

Benzinga

S&P 500 Rally Far From Over? Strategist Says It Could Have 'Plenty Left In The Tank' As Institutional Investors Missed Out With $7.4 Trillion On Sidelines

Despite the fresh highs that the SP 500 index has made in the last few weeks from its April lows, experts predict that there is more room for the index to rally, as the institutional investors have missed the rally.

Benzinga

BitMine Immersion Technologies Stock Is Soaring: What's Going On?

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are trading higher Monday after the company provided an update on its Ethereum (CRYPTO: ETH) treasury strategy.

Benzinga

Tom Lee: Ethereum, Not Solana, Is The 'Preferred Choice' For JP Morgan, Robinhood, Circle To Build On

Ethereum's (CRYPTO: ETH) dominance in the tokenized finance sector isn't slowing down and according to Fundstrat's Tom Lee, it has already become Wall Street's go-to blockchain infrastructure, leaving Solana (CRYPTO: SOL) behind in key institutional use cases.

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