BlockBeats News, May 27th, Bitmine CEO Tom Lee stated that he remains optimistic about the cryptocurrency market entering a new "super cycle," and believes that Ethereum will become a core beneficiary asset. Tom Lee pointed out that the two core drivers of this cycle are asset tokenization driven by Wall Street and the rapid development of AI Agents. He said, "We continue to expect the crypto market and Ethereum to experience a super cycle."

Furthermore, Tom Lee believes that Ethereum's significant pullback provided an attractive buying opportunity. Currently, the scale of staking in the Ethereum ecosystem continues to rise, with over 39.2 million ETH staked, accounting for approximately 32% of the total supply.

BlockBeats reported yesterday that Bitmine increased its ETH holdings by a total of 111,942 ETH last week, with its ETH holdings accounting for 4.47% of the total Ethereum supply of 1.207 billion ETH.