ETH Stretch: Could Tom Lee Build a Better Flywheel Than Saylor? – Blockonomi
TLDR: Bitmine holds 4.6 million ETH, with 3 million actively staked and generating around $180 million annually. Ethereum’s 2.8% staking yield cuts the cost gap, meaning Lee needs only 8–9% more to match Saylor’s offer. Bitmine has been acquiring over 60,000 ETH weekly, building a low cost basis ahead of any product launch. Unlike Bitcoin,…