Tom Lee: The ETH accumulation speed of BMNR far exceeds that of its competitors, with stock trading volume accounting for 34% of DAT company.

2025-10-01 03:02:32

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Odaily News Fundstrat co-founder and Bitmine chairman Tom Lee spoke at the Token 2049 event, stating: "From the data, as of September 26, the trading volume of Bitmine (BMNR) and Strategy (MSTR) stocks accounted for 86% of DAT's treasury company's trading volume (34% for the former and 52% for the latter); compared to other publicly listed Ethereum treasury companies, Bitmine (BMNR)'s Ethereum-based share growth rate reached as high as 9.3 times, far surpassing listed companies such as SBET, ETHZ, and BTCS." In addition, he mentioned, "Compared to JPMorgan, a well-known American investment bank with a market capitalization of approximately $870 billion and around 317,000 employees, Tether, with a market capitalization (valuation) of $500 billion and only 150 employees, has an employee average market value of $3.33 billion, far exceeding the former's $2.79 million figure. Furthermore, Tether's business is rooted all over the world."

ETH3.7%

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