🚨 $BMNR CHAIRMAN TOM LEE ON WHERE THE ETH/BTC RATIO GOES:
"I think that ratio is going to go way beyond .08. Maybe it even goes to .25. Maybe it even goes to 1. That means Ethereum is hugely undervalued."
On what BitMine has built:
"We've been a consistent bid. We've taken out essentially 5% of the supply of Ethereum. That is a sinkhole of liquidity that we've absorbed."
On why they keep buying every week:
"This is quite a lot of ETH that can be used to seed and fund and encourage a lot of DeFi future opportunities. In the next crypto cycle, there's going to be multiple tens of billions of dollars of companies stood up that are part of this new crypto financial rails system. We have an opportunity to help seed those, be involved with them, even create those."
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