Tom Lee: Bitcoin and Ethereum Are BFFs, Not Rivals!

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Well, well, well. Fundstrat’s very own Tom Lee, who’s somehow become the Ethereum community’s new patron saint (you know, in the crypto world, it’s always a “patron saint” affair), has come forward to clear the air. No, he’s not squaring off with Michael Saylor, the head honcho of Strategy. Apparently, there’s no rivalry brewing between these two-phew! 😅

In fact, Lee, in a rather dramatic move (because why not?), posted a selfie with Saylor himself. The caption? “Ethereum and Bitcoin are friends.” That’s right, folks. Not frenemies. Not rivals. Just good ol’ buddies. Maybe they even share a cup of coffee now and then. ☕

Now, let’s rewind a bit. Lee’s been under fire lately from the Bitcoin crowd. Why? Because he decided to jump into Ethereum’s cozy embrace with BitMine Technologies. Yes, you heard it right. The man pivoted so fast, you’d think he had a turbocharged engine attached to his back. 🚀

Lee became the big cheese at BitMine back in June, a company that’s all about fancy “immersive cooling technologies.” Fancy, right? Anyway, after grabbing the reins, he managed to steer BitMine straight into Ethereum’s warm, welcoming arms, turning it into the leading Ethereum treasury vehicle. 🤑

But hold your horses, folks. Lee didn’t stop there. Oh no, he went ahead and made some bold predictions. He said Ethereum could outshine Bitcoin in the market cap department. And, oh, that’s not all. He also claimed that Ethereum might just be a “better macro trade” for the next decade. Wow, talk about stirring the pot! 🍲

And just when you thought it couldn’t get any juicier, Lee found himself under fire for allegedly fundraising off of Bitcoin’s logo. Some folks thought it was a bit misleading. Who knew crypto could be so dramatic? 😆

But don’t get too comfy, Bitcoin fans. Lee isn’t throwing Bitcoin under the bus. No, no. He’s still super optimistic. In fact, he predicts Bitcoin could hit a cool $200,000 one day. That’s quite the forecast, isn’t it? 🌚

BitMine Holdings Nearing a Whopping $10 Billion 💰

And what’s the latest news? Well, BitMine is now sitting on a glorious total of $9.3 billion in holdings. How? By snapping up another $200 million worth of Ethereum. You know, just casually building a small empire. 👑

Now, let’s throw some shade at Joe Lubin’s SharpLink, which is a bit behind at $3 billion. But don’t feel too bad for them; they’re doing alright. 💁‍♂️

As for Michael Saylor’s Strategy? Well, they’re still the reigning champion in the Ethereum treasury department with $3 billion worth of assets. Saylor’s just out here flexing those Ethereum muscles. 💪

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2025-09-11 09:17