Tom Lee Links $2 Trillion Wealth Shift to Crypto Demand
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitmine chairman Tom Lee expects younger investors to support crypto demand as the company adds ether and approaches its 5% supply target.
Bitmine chairman Tom Lee said a $2 trillion transfer of wealth could boost demand for digital assets, with younger investors playing a leading role, according to CoinDesk.
His outlook links the anticipated shift in wealth to greater interest in crypto among younger investors. It remains a forecast rather than a confirmed increase in demand.
Meanwhile, Bitmine has purchased more ether, bringing the treasury company closer to holding 5% of the cryptocurrency’s total supply.
Source: CoinDesk
