{"id":63678,"date":"2025-12-15T20:31:56","date_gmt":"2025-12-15T20:31:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63678"},"modified":"2025-12-15T20:31:56","modified_gmt":"2025-12-15T20:31:56","slug":"tom-lee-says-absurd-ai-valuations-arent-wrong-as-bitmine-adds-102259-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63678","title":{"rendered":"Tom Lee Says &#8216;Absurd&#8217; AI Valuations Aren&#8217;t Wrong As BitMine Adds 102,259 ETH"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) purchased another 102,259 <strong>Ethereum<\/strong> <a class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) as Chairman <strong>Tom Lee<\/strong> argues that seemingly extreme AI valuations can still deliver <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/12\/49159300\/could-ai-agents-exploit-ethereum-xrp-solana-anthropic-says-its-possible\">long-term returns<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">BitMine Pushes Closer To 5% Ethereum Ownership Goal<\/h3>\n<p>As of Dec. 14, BitMine holds approximately 3.97 million ETH, valued near $12.2 billion at prevailing prices.\u00a0<\/p>\n<p>The position represents more than 3.2% of total Ethereum supply, placing the company roughly two-thirds of the way toward its stated goal of acquiring 5% of the network.<\/p>\n<p>Total crypto, cash, and strategic investments now stand near $13.3 billion, including $1 billion in cash, 193 BTC, and a $38 million stake in Eightco Holdings.<\/p>\n<h3 class=\"wp-block-heading\">Ethereum Treasury Becomes Core Corporate Strategy<\/h3>\n<p>BitMine&#8217;s Ethereum holdings now rank as the largest ETH treasury among public companies and the second-largest crypto treasury globally, behind <strong>Strategy&#8217;s<\/strong> <a class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>) <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) reserves.<\/p>\n<p>Chairman Tom Lee said &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/12\/49404741\/tom-lee-says-absurd-ai-valuations-arent-wrong-as-bitmine-adds-102259-eth?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Tom\" lee says ai valuations aren wrong as bitmine adds eth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc. (NYSE:BMNR) purchased another 102,259 Ethereum (CRYPTO: ETH) as Chairman Tom Lee argues that seemingly extreme AI valuations can still deliver long-term returns. BitMine Pushes Closer To 5% Ethereum Ownership Goal As of Dec. 14, BitMine holds approximately 3.97 million ETH, valued near $12.2 billion at prevailing prices.\u00a0 The position represents more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-63678","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63678"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63678\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}