đ¨ $BMNR BITMINE CHAIRMAN TOM LEE
@fundstrat ON WHY HE'S BUYING THE TECH SELL-OFF:
"I think we're near the end stages of the sell-off, because it's become a consensus short to be shorting tech"
What changed:
"The Fed, quite hawkish, now it's flipping potentially dovish, and interest rates, which were touching 5, people fearing 6%, are now back below 5%"
On the AI spending fears:
"I don't think there's too much money being thrown at AI today... AI is a more important infrastructure build arguably than mobile, and it's about the same dollars"
The risks left:
"Debt markets are kind of closed at the moment, and of course, the uncertainty about the war" đ