Daily updates on Tom Lee’s market insights/research, the Fundstrat GRNY ETF, and BMNR. | Not affiliated with Tom Lee, Fundstrat or BMNR.

Joined August 2025
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TOM LEE AND BITMINE $BMNR NOW HOLD 4.59% OF THE TOTAL ETHERUM SUPPLY Here are Bitmine's updated holdings: - 5,543,872 $ETH up from 5.42 on May 31st - 204 Bitcoin $BTC - $247M cash - $180M stake in Beast Industries - $88M stake in Eightco $ORBS
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ON JUNE 26, A WAVE OF FORCED BUYING IS COMING FOR TOM LEE'S BITMINE $BMNR While everyone watches the Ethereum selloff, a structural catalyst nobody's pricing in arrives in two weeks. BitMine is set to join the Russell 1000 on June 26, clearing the index's $5.7B cutoff with a $10.7B market cap. Here's why that matters: Hundreds of index funds and ETFs are built to mirror the Russell 1000. The moment BMNR joins, they have to buy it. No opinion, no timing, just automatic demand. Tom Lee estimates passive funds typically hold 20-25% of a member's market cap. On a $10.7B company, that's a multi-billion dollar wave of buying. And it lands on a firm holding 4.3% of all $ETH.
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MRBEAST JUST HIT 500 MILLION YOUTUBE SUBSCRIBERS. TOM LEE OWNS A PIECE OF HIM Most people saw the milestone. Almost nobody connected it to Ethereum. Back in January, Tom Lee's BitMine $BMNR put $200M into Beast Industries, the company behind MrBeast. Lee called it a "no-brainer" and said it could 10x. His thinking goes way beyond YouTube views. The angle: Lee sees MrBeast as a crypto on-ramp for the generation growing up on digital money, and BitMine $ETH wants exposure to that pipeline. So the subscriber milestone isn't just a YouTube record. It's a checkpoint on one of BitMine's biggest moonshot bets.
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IS ETHEREUM $ETH IN FOR EVEN MORE PAIN? BitMine $BMNR holds 4.59% of all Ethereum and says it may not push past 5%. Sounds fine. Until you ask who buys when they stop. Since mid-2025, BitMine has been Ethereum's most important institutional buyer almost single-handedly. The floor under the price. Meanwhile the rest of the market is leaving: - ETH ETFs: 17 straight days of outflows, $401M drained - ETH down ~44% on the year - Trading ~66% below its August high near $4,950 Bitcoin $BTC has had Strategy stacking every dip for years. A proven anchor. Ethereum's version is barely a year old and already slowing down. If BitMine eases off near 5%, no one obvious is lined up to replace it. What do you think?
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Does this mean we are good?
JUST IN: Jim Cramer warned that overwhelming demand for $SPCX could push the stock to unsustainable levels once it starts trading.
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When will $BMNR get in the NASDAQ 100 $QQQ???
BREAKING NEWS: $NBIS, $RKLB, $CRWV and $ALAB are joining the Nasdaq 100.
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IF YOU COULD ASK TOM LEE ONE QUESTION, WHAT WOULD IT BE? He's calling for $250K $ETH. BitMine $BMNR is 92% of the way to owning 5% of all Ethereum. You've got one shot. What do you ask him?
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Tom Lee Tracker (Not actually Tom) retweeted
@Hyperliquidx is bringing the story of perpetual futures to traditional markets” @lowbeta joined @YahooFinance to talk $HYPE. $HYPG offers exposure to HYPE with staking, at a low 0.29% fee*
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TOM LEE SAYS BITMINE $BMNR MAY NOT EVEN NEED TO HIT 5% OF ETHEREUM $ETH For months the whole strategy had one number: own 5% of all ETH. The "Alchemy of 5%." Now Lee is saying that number might not be necessary in the first place. His logic: Ethereum's supply is shrinking. As the total pool of ETH gets smaller, BitMine's existing stack becomes a bigger slice of it without buying another coin. The target could come to them. They already hold about 5.54 million ETH, roughly 4.6% of supply. Lee also laid out why his conviction hasn't changed: - ETH and $BTC have had zero fraudulent transactions to date. The traditional financial system can't claim that. - As AI agents start transacting on their own, they'll need a neutral, low-cost chain to settle on. Lee thinks that demand lands on Ethereum.
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TOM LEE SAYS BUY THE DIP!?!?! Tom Lee reiterated that there will be an even deeper correction than the current one later this year in Q3. You buy this current dip as we likely will go back to ATH’s first.
$SPY $QQQ Tom Lee reiterated that there will be an even deeper correction than the current one later this year in Q3. You buy this current dip as we likely will go back to ATH’s first.
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TOM LEE'S BITMINE $BMNR CROSSED 4.59% OF ALL ETHEREUM -Total held: 5,543,872 ETH -Staked: 4,718,677 ETH ($7.7B) -Share of supply: 4.59% -Progress to "Alchemy of 5%": 92% -Projected staking revenue: $230M/yr From zero to 92% of target in 11 months. One company now owns 1 in every ~22 ETH in existence.
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Tom Lee and Bitmine $BMNR currently hold 5,543,872 Ethereum $ETH
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The Crypto bros have infiltrated the belly of the beast
Hope this never gets old @NYSE
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I need to see America on top
The crypto asset class is not a bet on any one country or system. In that sense it is a portfolio diversifier. h/t @chainalysis geography of crypto report
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BITMINE $BMNR JUST MADE ITS BIGGEST ETHEREUM BUY OF THE ENTIRE YEAR Tom Lee's BitMine bought 126,971 $ETH during last week's dip That pushes their total to 5,543,872 ETH. ~4.59% of Ethereum's entire circulating supply, worth about $9 billion. And this is where their strategy splits from a pure Bitcoin treasury. Nearly all of it is staked. 4,718,677 ETH actively earning, throwing off a projected $230 million in annual staking revenue. They get paid to hold. But the charts don't care yet. ETH is stuck near $1,650, still pinned below every resistance level since April. MACD negative. ETF outflows ran through most of June. It comes down to one line: $1,500. Hold it, and BitMine's averaging-down looks like the smartest institutional trade of the cycle. Lose it on a weekly close, and there's no real support until $1,000 to $1,100.
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Do you believe in the 4 year cycle?
How many new converts to the cult of the 4yr cycle?
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Tom Lee Tracker (Not actually Tom) retweeted
Investment thesis for $ETH is obvious if you believe in tokenization Wednesday at @ethconf ⬇️
Thrilled to be speaking at @ethconf! Come check it out: June 8-10 Javits Center, NYC 🗽🍎 Tickets → ethconf.com $ETH
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Tom Lee Tracker (Not actually Tom) retweeted
How many new converts to the cult of the 4yr cycle?
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Here's the macro news to watch out for this week
U.S. Market Events This Week Monday 3-Month Bill Auction Tuesday API Weekly Crude Oil Stock Exports Existing Home Sales Imports ADP Employment Change Weekly Wednesday Crude Oil Inventories CPI Thursday Initial Jobless Claims PPI Continuing Jobless Claims Friday U.S. Baker Hughes Total Rig Count CFTC Nasdaq 100 speculative net positions
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Polymarket currently thinks there is a 13% chance that Sam Bankman Fried gets a pardon this year
Sam Bankman Fried has formally applied for a pardon from 🇺🇸 President Trump
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