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Tom Lee: BMNR's ETH Holdings Growing Faster Than Competitors, Stock Trading Volume Accounts for 34% of DAT Company
Summary: During the Token 2049 event, Fundstrat co-founder and Bitmine chairman Tom Lee stated that as of September 26, Bitmine (BMNR) and Strategy (MSTR) stock trading volume accounted for 86% of DAT Treasury Company's stock trading volume (34% for the former, 52% for the latter); compared to other Ethereum treasury listed companies, Bitmine (BMNR) saw a ...
During the Token 2049 event, Fundstrat co-founder and Bitmine chairman Tom Lee stated that as of September 26, Bitmine (BMNR) and Strategy (MSTR) stock trading volume accounted for 86% of DAT Treasury Company's stock trading volume (34% for the former, 52% for the latter); compared to other Ethereum treasury listed companies, Bitmine (BMNR) saw a 9.3x increase in Ethereum-based per share value, surpassing SBET, ETHZ, BTCS, and others.
Additionally, he mentioned that compared to the well-known U.S. investment bank JPMorgan with a market value of around $870 billion and approximately 317,000 employees, Tether, with a market value of $500 billion (valuation) and only 150 employees, has an employee market value of $33.3 billion, far exceeding the former's $2.79 million. Tether's business is rooted worldwide.
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Link: Tom Lee: BMNR's ETH Holdings Growing Faster Than Competitors, Stock Trading Volume Accounts for 34% of DAT Company [Copy]
