Tom Lee, chairman of BitMine Immersion Technologies and co-founder of Fundstrat, has publicly endorsed Ethereum layer-2 platform Lighter, calling it a massive breakout success and a critical piece of Ethereums infrastructure. The statement is notable because BitMine, which describes itself as the worlds largest Ethereum treasury company, currently holds 5.79 million ETH, with nearly 4.92 million ETH staked, reflecting the firms long-term confidence in the Ethereum ecosystem. Lees endorsement marks a shift from his previous stance. In a July investor update, he identified Robinhood, Coinbase,… Read more
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