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According to PRNewswire, Tom Lee, Chairman of the Bitcoin treasury company Bitmine, stated that during historical cryptocurrency bull market cycles, the ETH/BTC ratio typically rises as Ethereum's usage increases compared to Bitcoin, such as during the NFT boom of 2020-2021 and the stablecoins of 2025, both of which have been significant catalysts for the growth of Ethereum applications. In the next cycle, Wall Street's tokenization of assets and deployment on the blockchain, along with the use of Agentic AI on the blockchain, may further drive the ETH/BTC ratio higher.Since the third quarter of 2026, ETH has been the best-performing macro asset, outperforming the S&P 500 index by 5430 basis points as of last Friday; the three best-performing asset classes since June 30 have been ETH, BTC, and SOL, with cryptocurrency assets showing significant outperformance compared to other macro assets so far in the third quarter, which is expected to further attract institutions to increase their allocation to cryptocurrency assets.Tom Lee added that as we enter the last few months of 2026, the crypto market faces several positive catalysts, including the anticipated vote on the CLARITY Act in mid-September, South Korean investors re-entering the crypto market and shifting from AI stocks to cryptocurrencies, and what he believes will be a bottoming out of the "four-year cycle" in the coming weeks. These factors may pave the way for a large influx of institutional funds in the last few months of 2026.

Bitmine Chairman Tom Lee recently expressed the view that Ethereum (ETH) is more like "digital land" rather than cash. Lee believes that the core value of quality assets lies in their ability to store value, meaning that investors believe they can effectively hold and allocate capital over the long term.Lee pointed out that stocks can become store of value assets because investors expect companies to manage capital effectively when they buy stocks; real estate, on the other hand, has both store of value and cash flow properties, generating income through rentals. Within this framework, he believes Ethereum is closer to the stock market or land, with its long-term value primarily derived from the network itself as underlying infrastructure.Bitmine has been increasing its holdings for 65 consecutive weeks. As of August 30, 2026, its total Ethereum holdings reached 5,901,112, accounting for approximately 4.9% of the total Ethereum supply.

Tom Lee, Chairman of the Ethereum treasury company Bitmine, posted on the X platform stating that as of the third quarter, approximately 20% of the stocks with the highest gains in the Russell 1000 index are cryptocurrency-related stocks. Among them, BMNR has increased by 99% since the third quarter, ranking 4th; MSTR has increased by 67%, ranking 12th; CRCL has increased by 65%, ranking 14th; BLSH has increased by 55%, ranking 21st.Tom Lee added that with only one month left until the end of the third quarter, these strong-performing crypto stocks may become targets for investors to pursue next.

Tom Lee stated during his appearance on CNBC: "I believe that there are actually very few people who truly hold cryptocurrencies. Because of this, I think Bitcoin can easily break through six figures (like over $100,000), but it may also be affected by interest rate hikes. As for how cryptocurrencies will perform, I think this will be a good test, but we have already seen long-term yields (interest rates) rising. So, if we see the Federal Reserve raising interest rates while long-term yields actually decline, that would essentially mean monetary easing. Therefore, the key may be how long-term yields respond to the Federal Reserve's interest rate hikes."He also added: "I think this is just the first wave of the rise because this round of cryptocurrency market has caught many people off guard. Well, I believe institutional investors are buying stocks related to cryptocurrencies, and this is very obvious—trading volume has surged significantly, which signals that they are betting on a big market in the fourth quarter. I think $150,000 is still possible, well, it's actually not that far from now."

Chairman of Bitmine, Tom Lee, recently stated in an interview with the "Milk Road Show" that asset tokenization and AI intelligent finance will become the core narratives of the cryptocurrency market in the next five years. Ethereum is expected to become the underlying settlement layer of the global financial system, and currently, ETH is still severely undervalued relative to BTC.Tom Lee believes that in the remaining time of 2026, ETH may be driven by four major catalysts: the U.S. "Clarity Act" is expected to pass in September, the return of off-exchange short sellers and hesitant funds, the reallocation of crypto assets by Asian funds, and global institutional fund managers chasing top-performing crypto assets under quarterly performance pressure. He predicts that the ETH/BTC exchange rate is likely to return to the historical high of 0.08. Even if it conservatively recovers to 0.04, if BTC reaches $150,000, the corresponding price for ETH will also reach $6,000. Tom Lee also emphasized that Bitcoin still has long-term upward potential, but the larger narrative for the cryptocurrency industry in the next five years will be the "super cycle of comprehensive asset tokenization" and "AI intelligent finance."

BitMine Chairman Tom Lee stated on CNBC that after Nvidia announced strong performance, its stock price rose, breaking the previous trend where positive earnings reports struggled to drive stock prices, indicating that investors still value the company's fundamentals. Software stocks like Salesforce, CrowdStrike, and Okta also strengthened, reflecting a positive market response to downstream AI transactions, with an overall healthy market reaction.Regarding the weak performance of AI-related stocks such as Meta, Amazon, Alphabet, AMD, and Micron, Tom Lee believes that some investors may have previously underweighted Nvidia and might need to sell other tech stocks to raise funds for increasing their Nvidia holdings. He pointed out that Nvidia's earnings expectations have been significantly raised, but the stock price has not fully caught up, and the price-to-earnings ratio is still contracting, with the current valuation remaining relatively low.Tom Lee also mentioned that data center construction is gradually becoming a political issue in the U.S. midterm elections. Even some Republican-led states and states supporting data center development are beginning to consider pausing related projects, which may be one reason for the recent poor performance of AI infrastructure-related stocks, with more funds shifting towards downstream AI targets.

According to GMGN monitoring, the Solana ecosystem's meme coin CYBERLEEK, issued by the GTA 6 hacker, has risen over 40% in the past 4 hours, with a market cap recovering to $14.5 million.The hacker organization claiming to be Cyberleek launched the Solana chain meme coin CYBERLEEK by leaking clips of the game "GTA 6," and claims to release a PC download client for GTA 6, allowing everyone to play this $2 billion blockbuster without spending a dime (the client claim has now been debunked). On August 22, Cyberleek publicly destroyed about 270 million developer-reserved tokens, accounting for approximately 27% of the total supply, claiming it "proves they won't dump and run," but still retains a large number of tokens and continues to profit from transaction fees.For more detailed reports, see "The hacker who leaked GTA 6 issued a coin, rising 20 times in one day." According to market news, meme coins generally have no practical use cases, and price fluctuations are significant, so investment should be approached with caution.

Bankless cites Fundstrat's view that its ten-year vision for BitMNR is to bet on Ethereum becoming the dominant chain for tokenization and AI. Fundstrat states that it has bet on Ethereum becoming the place where a large number of related activities occur, and believes its legacy lies in helping Ethereum maintain its status as the most important public chain in the future.When discussing ETH performance, Fundstrat argues that it is a very reasonable point that ETH could flip Bitcoin's native narrative; if ETH reaches $50,000, $100,000, or $200,000, the returns for shareholders will be extremely substantial.

Tom Lee posted on platform X that ETH's weekly increase reached 30%.He stated that, based on historical performance, such a significant single-week increase in ETH often indicates that there may be even larger upward movements in the coming weeks.

According to GMGN data, the market capitalization of the SOL Meme coin CYBERLEEK briefly surpassed $23 million, with an intraday increase of over 12 times, currently reported at $21 million.In terms of narrative, this token is a meme coin of the same name issued by the hacker CyberLeek, who leaked a large amount of internal materials from GTA 6. ChainCatcher reminds users that meme coin prices are highly volatile, and investors should participate with caution.

Chairman of BitMine, Tom Lee, stated on CNBC that next week could be a turning point for the stock market. Currently, AI stock trading has stagnated, mainly suppressed by concerns over data centers and political opposition in the United States.The key issue is whether confidence in AI can return after the stagnation. If NVIDIA CEO Jensen Huang can demonstrate that the demand for AI computing power remains strong at the upcoming event, it will help to reinject confidence into the market and drive the AI sector out of its consolidation.Tom Lee also emphasized that uncertainty surrounding the Federal Reserve continues to accumulate, and the upcoming public appearances of a series of Federal Reserve officials will become another significant market signal. The S&P 500 has recently hovered around 7678 points, with a cumulative decline of about 1.4% this week, as the market grapples with dual concerns over the sustainability of AI capital expenditures and the path of monetary policy.Next week's positioning is a key window to observe the market's directional choice. Whether the signals of AI demand can resonate with expectations of Federal Reserve policy will determine the short-term direction of risk assets.

DecodeMarkets cites the views of Fundstrat co-founder Tom Lee in Thursday's Macro Minute, stating that the first phase of AI trading is focused on upstream areas, including semiconductors, memory, and infrastructure, with related assets experiencing significant increases and entering a correction. The current market focus is shifting downstream, with software, application layers, and ETH beginning to receive more attention.Tom Lee indicated that Ethereum has undergone the anticipated significant cooling, but its fundamental narrative continues to strengthen, covering stablecoins, asset tokenization, institutional adoption, and future AI agents completing transactions on-chain. Capital may be shifting from building infrastructure to holding the underlying tracks where the next wave of activity will occur, thus still in the early stages.He pointed out that ETH prices have begun to show some performance, but market positions have not yet caught up, with most portfolios still not allocated to ETH.

According to on-chain analyst Ai Yi's monitoring, a certain address woke up after 8 months of dormancy and purchased 2447.49 ETH through Tokenlon 40 minutes ago, spending 5.044 million USDT, with a cost of 2447.49 USD per ETH.This address had previously taken profits on ETH at around 3016 USD 9 months ago.

Tom Lee posted on platform X that Fundstrat Direct's "Best 10 Trading Days Rule" shows that all of Bitcoin's gains come from the best-performing 10 trading days: these 10 trading days saw a cumulative increase of 162%, while excluding them resulted in a decline of 14%. This week is one of those best trading days, making it more suitable to hold Bitcoin.

BitMine Chairman Tom Lee published a post listing 17 large-cap stocks (with a market capitalization of over $2 billion) that have a high correlation with cryptocurrencies, for stock investors seeking crypto exposure.Among them, BMNR has the highest correlation with ETH at 80%, followed by COIN (74%); MSTR has the highest correlation with BTC at 78%, followed by COIN (74%).Tom Lee stated that he expects ETH to outperform BTC in this cycle, driven by tokenization and AI applications, believing that this logic is far more important than the factors that have historically driven ETH's outperformance in cycles.

During a podcast interview, Tom Lee was asked, "If you could only hold one for ten years, would you choose Robinhood or Kalshi?"Tom Lee responded, "I would choose Robinhood. They have a kind of moat and have established a real connection with their customers. Sometimes investors underestimate the importance of the Robinhood user interface."Tom Lee believes that predicting regulatory risks in the market is a very complex issue. It involves local regulatory agencies and court rulings.

According to monitoring by The Data Nerd, Tom Lee's Bitmine purchased $18.9 million in ETH and $30.8 million in BMNR over the past week, and its ETH holdings have exceeded 4.81% of the total ETH supply.The institution has never stopped increasing its ETH holdings.

Chairman of BitMine Tom Lee forwarded an Ethereum price analysis, showing that Ethereum is approaching an important technical breakthrough, currently only about 3.5% away from breaking through the Daily Cloud.According to the analysis, this indicator has not been effectively broken since October 9, 2025. If ETH successfully stands above the Daily Cloud, it could indicate an improvement in the long-term trend structure and release further upward signals.Tom Lee commented, "Would be good to see." The Daily Cloud typically refers to the Ichimoku Cloud in technical analysis, where "Daily" indicates a calculation based on daily candlestick periods.