Tom Lee: BMNR's ETH holdings are increasing much faster than its competitors, and its stock trading volume accounts for 34% of DAT companies

According to Odaily Planet Daily, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, gave a speech at the Token 2049 event. He said: "According to the data, as of September 26, Bitmine (BMNR) and Strategy (MSTR) stock trading volume accounted for 86% of the DAT treasury company stock trading volume (the former was 34%, and the latter was 52%). Compared with other Ethereum treasury listed companies, Bitmine (BMNR)'s Ethereum-based share growth rate was as high as 9.3 times, far exceeding listed companies such as SBET, ETHZ, and BTCS."

Furthermore, he noted, "Compared to JPMorgan Chase, a renowned US investment bank with a market capitalization of approximately $870 billion and approximately 317,000 employees, Tether, with a market capitalization of $500 billion and a staff of only 150, has an average employee value of $3.33 billion, far exceeding JPMorgan Chase's $2.79 million. And Tether's business is rooted in the world."