Tom Lee and Joe Lubin are advancing their Ethereum treasuries, aiming to create the 'MicroStrategy' of Ethereum.
BitMine announced a $250 million private placement to raise capital for acquiring ETH, with Tom Lee as Chairman of the Board.
SharpLink Gaming, chaired by Joe Lubin, has increased its ETH holdings to $475 million, becoming a major Ethereum holder.
Both companies plan to mirror Michael Saylor's strategy, with BitMine focusing on 'ETH per share' through staking, and SharpLink exploring DeFi strategies and potential leverage.