BitMine’s Lee calls ETH a ‘discount to the future,’ Bit Digital eyes $100M

BitMine chairman Tom Lee thinks Ether is trading at a discount because future adoption of the blockchain by Wall Street and AI companies will drive it higher. Digital asset company Bit Digital plans to raise $100 million through a convertible senior note offering to grow its Ether treasury, while BitMine Immersion Technologies has extended its lead as the largest Ether treasury company.