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Tom Lee: Wall Street advances tokenization and AI intelligent agent development, crypto markets and Ethereum will usher in a "super cycle"
Deep Tide TechFlow news: On May 27, according to Cointelegraph, Tom Lee, Chairman of Bitmine Immersion Technologies, said that the company bought 111,942 ETH last week, its largest single-week purchase since 2026. The buy came after ETH fell below $2,200. Tom Lee also reiterated his view that the crypto market and Ethereum will enter a “super cycle,” driven by factors including Wall Street’s push for tokenization and the development of AI intelligent agents.
Bitmine currently holds nearly 5.4 million ETH. Its goal is to hold about 5% of Ethereum’s circulating supply, which would be more than 6 million ETH. In addition, the company has used some ETH for staking and expects it to generate annualized staking income.