Bitcoin Maximalists Criticize Tom Lee’s Ethereum Fundraising Strategy

Tom Lee, known for his optimistic Bitcoin predictions and recent appointment as chairman of BitMine Immersion Technologies (BMNR), has attracted criticism from Bitcoin maximalists. 🧠 💲 💰 The company is raising funds to increase its holdings in Ethereum, with a significant portion of the capital aimed at purchasing ETH. This move has led to accusations that using a Bitcoin logo for this purpose raises eyebrows. Critics question Lee’s motive and whether this strategy represents a conflict of interest. It seems the focus on Ethereum could be a major departure from his previously steadfast Bitcoin devotion.