Bitmine Chairman Tom Lee: The bubble of digital asset treasury companies may have burst

In a video for Fortune magazine's latest "Crypto Playbook," BitMine Chairman Tom Lee stated that the bubble for digital asset treasury companies may have burst. While Ethereum has struggled at times in recent years amid the proliferation of other blockchains and its own technical challenges, Lee believes it remains "Wall Street's blockchain," particularly as financial firms explore applications for stablecoins and various tokenized assets, many of which are native to Ethereum.