Tom Lee Says Crypto Treasury Companies Could Drive the Next Big Rally

TOM LEE SAYS CRYPTO TREASURY COMPANIES COULD DRIVE THE NEXT BIG RALLY
Fundstrat () expects a massive increase in institutional crypto purchases over the next 12 to 18 months:
• Digital asset treasuries, including BitMine ($BMNR), are expected to significantly ramp up their crypto purchases
• These companies continuously buy cryptocurrencies, removing available supply from the market
• Cryptocurrencies backed by treasury companies could become the best-performing assets as buying pressure increases
Traders see a 22% chance BitMine will announce holdings of at least 7 million Ethereum ($ETH) before 2027.