The emerging thinking is that, buying Ethereum is like buying “The Internet” upon which all current world internet applications operate.
Ethereum can Flip Bitcoin!
Ethereum is Hot. The headlines above are beliefs held by Ethereum Maxie’s. Come to your own conclusions. I have seen too many incredible things happen to ignore these comments yet enter with a “show me” attitude. Decide for yourself, but don’t dismiss the possibility without hearing the story.
The video below is Lee’s case for Why own a Ethereum Treasury Company or Ethereum itself.
His basic reasoning is the Genisis Act recently passed in the USA, launches legal and regulatory approval for the application of Self-acting, Smart contracts. These contracts will be used in 1) stable coins and 2) embraced by Wall street and the financial banking system as the Infrastructure of finance.
Tom’s 50-minute interview with Natalie Brunell is linked here.
An article released Aug 5th, in COINTELEGRAPH follows up on Tom Lee’s comments with a stunning comment from the SEC Chairman Atkins. Atkins said in his speech that DeFi would play a significant role in the future, after suffering under the yoke of a hostile regulatory environment.
SEC’s crypto pivot has ‘not been priced in,’ Bitwise exec Matt Hogan says
Matt Hogans stated: “With greater clarity, could these numbers rise by 10x? 50x? 100x? As traditional and crypto markets merge, the opportunity is huge,” Hougan said.
Top Public Companies Holding Ethereum: Quiet Accumulation, Big Impact
If you follow the story link above, there will be additional comments on each company mentioned below.
- 1. BitMine Immersion (NYSE: BMNR)
- 2. SharpLink Gaming (Nasdaq: SBET)
- 3. Coinbase Global (Nasdaq: COIN)
- 4. Bit Digital (Nasdaq: BTBT)
- 5. BTCS Inc. (Nasdaq: BTCS)
- 6. Ether Capital (NEO: ETHC)
- 7. Galaxy Digital (GLXY)
- 8. GameSquare Holdings (Nasdaq: GAME)
- 9. Intchains Group (Nasdaq: ICG)
- 10. KR1 plc (AQSE: KR1)
- 11. Exodus Movement (EXOD)
- 12. Skycorp Solar (Shanghai PN)
- 13. The Ether Machine (Nasdaq: ETHM, IPO pending – the SPAC is symbol DYNX $10.55)
The link on the companies above is to their respective web sites.
LOTM: Accounts related to LOTM have taken initial positions in a couple of these companies. We are grateful to see Galaxy Digital, which we own, is ahead of the curve in taking a treasury / validating company position in Bitcoin, Ethereum and Solana.
The two companies we are just initiating positions in are the two largest Ethereum Treasury companies – SharpLink Gaming (SBET) $19.80 and BitMine Immersion (BMNR*) $34.35. Related accounts have recently been in and then out of Bit Digital (BTBT). Funds permitting, we might add BTBT back into the fold.
Tom Lee, the well followed and well known analyst and asset manager, is the founder of BitMine Immersion.
Lee’s comments are provocative in that he states, Ethereum is the core layer of the digital world and it is possible Ethereum flips Bitcoin to become the most valuable crypto asset. That is why he launched BitMine Immersion.
Be informed, do your own due diligence to see if this fits your goals and objectives.
See additional writings of Tom’s Blog at www.livingoffthemarket.coom.
