Tom Lee: Bitmine to Launch an App Soon

Odaily News Bitmine, an Ethereum treasury company, announced at its recent shareholder meeting that it will soon launch an app, though no further details have been disclosed yet. However, based on shareholder reactions, there seems to be dissatisfaction with this move, with some believing it unnecessary to invest significant costs in an app. Additionally, Tom Lee revealed that Bitmine no longer wishes to act solely as a single Ethereum yield instrument. Instead, it is considering repositioning itself as a Berkshire Hathaway-style holding company within the digital economy. In this model, Ethereum would serve as the foundational layer providing cash flow and capital allocation, thereby driving the next phase of growth. (Beincrypto)