Fundstrat’s Tom Lee, who has emerged because the patron saint of the Ethereum group, has clarified that there isn’t a rivalry between him and Technique founder Michael Saylor.
Lee has posted a selfie with Saylor, stressing that Ethereum and Bitcoin are “associates.”
As reported by U.As we speak, Lee beforehand attracted criticism from members of the Bitcoin group for aggressively pivoting to Ethereum promotion with BitMine Applied sciences.
Lee turned the chairman of BitMine, which makes a speciality of immersive cooling applied sciences, in June and shortly turned the corporate into the main Ethereum treasury car.
Lately, Lee made some controversial statements, which have ruffled the feathers of the Bitcoin group. Specifically, Lee predicted that the main cryptocurrency may surpass Ethereum by market cap, forecasting that the latter might be a greater macro commerce over the subsequent decade.
As reported by U.As we speak, the BitMine chairman has additionally attracted some criticism for fundraising off of Bitcoin’s brand, which some critics thought was relatively deceptive.
That mentioned, the Bitmain chairman additionally stays bullish on Bitcoin, just lately predicting that the value of the main cryptocurrency may attain $200,000.
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BitMin’e holdings nearing $10 billion
Within the meantime, BitMine has now approached a complete of $9.3 billion in whole holdings after the corporate just lately bought one other $200 million price of the flagship altcoin.
This places it properly above Joe Lubin’s SharpLink, which has surpassed $3 billion.
In the meantime, Saylor’s Technique stays the largest Ethereum treasury firm by an infinite margin, at present holding a complete of $3 billion price of property.