{"id":78329,"date":"2026-03-30T16:31:31","date_gmt":"2026-03-30T16:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78329"},"modified":"2026-03-30T16:31:31","modified_gmt":"2026-03-30T16:31:31","slug":"tom-lee-buys-more-than-71k-eth-calls-crypto-good-wartime-store-of-value","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78329","title":{"rendered":"Tom Lee Buys More Than 71K ETH, Calls Crypto &#8216;Good Wartime Store Of Value&#8217;"},"content":{"rendered":"<div>\n<p><strong>Bitmine Immersion Technologies<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NYSE\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) purchased 71,179 ETH last week, bringing total holdings to 4.73 million ETH worth $9.8 billion as Chairman <strong>Tom Lee<\/strong> called crypto a \u201cgood wartime store of value\u201d amid the Iran conflict.<\/p>\n<h3 class=\"wp-block-heading\">The Wartime Outperformance<\/h3>\n<p>Bitmine <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-732-million-tokens-and-total-crypto-and-total-cash-holdings-of-10-7-billion-302728176.html\">accelerated<\/a> its weekly purchase pace from an average of 45,000-50,000 ETH to 71,179 ETH, betting that <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>) is in the final stages of a \u201cmini-crypto winter.\u201d<\/p>\n<p>\u201cAs the Iran war enters its 5th week, ETH and crypto outperformed the broader market with ETH outperforming equities by 1,160 basis points,\u201d Lee said.\u00a0<\/p>\n<p>\u201cThis is a marked contrast to <strong>Gold<\/strong> (a traditional store of value), which has underperformed by more than 750 basis points,\u201d he added.<\/p>\n<p>He noted that the inverse correlation &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51545146\/tom-lee-buys-more-than-71k-eth-calls-crypto-good-wartime-store-of-value?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Tom\" lee buys more than eth calls crypto wartime store of value>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitmine Immersion Technologies (NYSE:BMNR) purchased 71,179 ETH last week, bringing total holdings to 4.73 million ETH worth $9.8 billion as Chairman Tom Lee called crypto a \u201cgood wartime store of value\u201d amid the Iran conflict. The Wartime Outperformance Bitmine accelerated its weekly purchase pace from an average of 45,000-50,000 ETH to 71,179 ETH, betting that [&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-78329","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\/78329","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=78329"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78329\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}