[Tom Lee: ETH Supply is Shrinking, BitMine May Not Need to Hold More Than 5% of the Supply] According to a tweet by Bloomberg ETF analyst Eric Balchunas, Fundstrat Research Head and BitMine Chairman Tom Lee stated during a speech at the DACFP conference for financial advisors that the entire financial system is built on layers of technological stacks, with a significant amount of fraudulent and fake transactions. However, Ethereum and Bitcoin have never experienced fraudulent transactions. Blockchain also operates at a lower cost. He compared investing in blockchain to owning real estate, suggesting that proxy AI will leverage blockchain's speed advantage and prevent it from going out of control. Lee also mentioned that BitMine might not need to hold more than 5% of the supply. The company holds a significant stake in Mr. Beast's financial company, and Ethereum's supply has already begun to shrink. BitMine may be included in the Russell 1000 Index by the end of June, which would help stabilize its stock price.