Ethereum (ETH), the second largest cryptocurrency, was not randomly chosen by Fundstrat’s Tom Lee as the cornerstone of his crypto strategy. Veteran Ethereum (ETH) researcher Adriano Feria explains the motivation behind Bitmine Immersion’s $8.8 billion strategy.
Here’s why Tom Lee chose Ethereum: Researcher’s Take
Ethereum (ETH) has become a fundamental asset of Bitmine’s crypto strategy as a status as the default choice for Stablecoins, Tokenization and Defi. Researcher Adriano Feria pointed out X.
I have to apologise once more for being rude, but those who still hate ETH and are destroying Tomley need to understand this.
Tom Lee didn’t just choose ETH at random. He chose it for the position Ethereum has reserved in the market as a “default” option for stubcoin…
– Adrianoferia.ETH🦇🔊🛡🦇🔊️ (@adrianoferia) August 24, 2025
Bitmine’s initiative has won Steam as Ethereum (Eth) transformed into a multipurpose “financial internet” and Tradfi Moguls wants an opportunity to make profits without physically retaining cryptocurrencies.
Therefore, products like BMNR are leveraged proxies for accumulation available to billionaires, and fund struts are far from alone in this segment, Feria says:
ETH’s finances are more than just data. Look who represents them and who is allocating serious capital.
Researchers emphasized that corporate cryptocurrency finances are no longer about “BTC games” as Ethereum’s “internet of the Internet” is currently focused. Also, Ethereum (ETH) is one of the most performant assets available to institutions in recent decades.
Feria emphasized that Ethereum (ETH) has achieved all this in terms of technology and finance despite being attacked by “no coiners” and insiders throughout the decade.
Bitmine adds $2.2 billion to its ETH bag in just a week.
So Ethereum (ETH) has evolved into a better value storage in a decade’s perspective compared to Bitcoin (BTC) and other altcoins.
Leaded by Fundstrat’s Tom Lee, Bitmine Immersion is one of the most influential corporate cryptocurrency companies in the world.
Last week, it accumulated $2.2 billion in ETH, exceeding the Treasury’s total net worth of $8.8 billion. Bitmine and some of its rivals currently hold more ETH than the Ethereum Foundation.
