Which tech stocks is Tom Lee currently bullish on?
7/2/2025 06:13am
Tom Lee is currently bullish on Ethereum (ETH) and related technologies. Here are some specific stocks and areas he is likely bullish on:
1. **BitMine Immersion Technologies (BMNR)**: Lee has been appointed as the chairman of BitMine, and the company has announced a $250 million pivot toward Ethereum. This strategic shift and significant investment in Ethereum indicate a bullish stance on ETH.
2. **Ethereum ETFs**: Lee's influence is likely to benefit Ethereum ETFs, such as the iShares Ethereum Trust ETF (ETHA), as these funds track the performance of Ethereum.
3. **Crypto-Related Stocks**: His optimism for Ethereum's role in stablecoin adoption and DeFi suggests that companies involved in these spaces could also benefit from his bullish outlook.
In summary, Tom Lee's current bullish sentiment is focused on Ethereum and its ecosystem, including BitMine Immersion Technologies and potentially other crypto-related stocks and ETFs.