Bitmine Chairman Tom Lee announced the upcoming launch of a new app at a recent shareholder meeting, though specific details remain undisclosed. Shareholders expressed concerns over the necessity of significant investment in the app.
Lee also outlined Bitmine's strategic shift from being solely an Ethereum yield tool to adopting a Berkshire Hathaway-style holding company model. This new direction aims to leverage Ethereum as a foundational layer for cash flow and capital allocation, positioning Bitmine for future growth in the digital economy.
Bitmine to Launch New App, Aims for Berkshire Hathaway-Style Model
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