Tom Lee evaluates Buterin's declaration of ETH as a store of value as an 'earthquake-level change'
Original headline톰 리, 부테린의 ETH 가치저장 선언에 ‘지진급 변화’ 평가
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BitMine chairman Tom Lee called Vitalik Buterin’s declaration at Devcon 8 in Mumbai that Ethereum is a store of value and “is money” an “earthquake-level change,” arguing it clarifies how ETH captures value during the tokenization and AI supercycle. BitMine disclosed the remarks in a filing on the 9th. Lee framed the shift as resolving a long-standing ambiguity over Ethereum’s monetary role, a question that matters for how institutional and corporate treasuries treat ETH as a reserve asset. The endorsement from Ethereum’s co-founder carries weight because store-of-value claims have historically been contested relative to bitcoin. What to watch next is whether BitMine and other corporate holders expand ETH treasury allocations and whether the market prices in a stronger monetary premium for the token.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), Tom Lee, Vitalik Buterin, Bitmine, Devcon 8
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