Tom Lee’s BitMine Immersion Targets $20B Mega-Fund to Double Down on Ethereum
Wall Street's crypto kingpin is back—and this time he's swinging for the fences.
Fundstrat's Tom Lee launches BitMine Immersion, a $20B gambit to hoover up more ETH while traditional finance still thinks it's 'just a smart contract platform.' Because nothing says conviction like betting the GDP of Namibia on decentralized infrastructure.
The playbook? Simple. Flood the zone with institutional capital while ETH's price still looks like a Black Friday discount compared to its 2021 ATH. Because if there's one thing hedge funds love, it's chasing performance—just ask anyone who bought the last Bitcoin top.
Lee's move signals what insiders already know: The real money isn't in trading crypto—it's in owning the plumbing. Even if that plumbing occasionally flushes nine figures down the drain during a bad macro day.
