Tom Lee & Arthur Hayes Fireside Chat: Is Tom Lee the "Ethereum Savior"? What did BitMine do right?

In the fireside chat at Token2049, the host jokingly asked: "Many people think you are the savior of Ethereum."

Tom Lee responded, "This is quite a big hat." He stated that the Ethereum Foundation is focused on the right direction this year, coupled with the explosive demand for stablecoins, reigniting the overall blockchain. BitMine just happened to hit the perfect timing.

Arthur Hayes joked on the spot: "Every coin needs a Tom Lee."

Speaking about BitMine's strategy, Tom Lee stated that the key reason the company has become one of the 30 most active stocks in the US stock market lies in its concise and consistent narrative and institutional collaboration. BitMine has been conveying the same point – ETH is in a super cycle. At the same time, Cathie Wood's ARK fund entered the market early, attracting more institutions to follow suit, creating a flywheel effect.

"We are creating new liquidity for the DAT track between BitMine and MicroStrategy."