Lee’s BitMine Ethereum Treasury Lags Hyperliquid in Asset Debate

BitMine bought 5.4 million ETH instead of HYPE, and the Ethereum holding is down 21% since June 30, 2025. HYPE is up 68% over the same window. The debate centers on whether Tom Lee chose institutional liquidity over a faster cycle trade.
BMNR0.05%
ETH-0.59%
HYPE1.09%
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