Tom Lee: Cash and staking income will protect BitMine during market downturns

2025-12-12 15:49:34

BlockBeats News, December 12 — Tom Lee, Chairman of BitMine, recently stated that the Strategy company’s establishment of a $1.4 billion cash reserve for Bitcoin Crypto Treasury (DAT) is a “wise move.” Although Strategy’s stock price has fallen over 50% in the past six months, this cash reserve will enable the company to continue paying dividends to shareholders during periods of declining Bitcoin prices without selling its $61 billion Bitcoin holdings. Tom Lee pointed out that during the previous Bitcoin downturn cycle, Strategy’s stock trading price fell below its net asset value (NAV), and building a cash reserve was precisely to prepare for such situations. As the largest ETH treasury holding over $12 billion, BitMine, despite not establishing an official USD reserve, Lee said that cash and staking income can also protect BitMine during market downturns.

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