Bitmine Chairman Tom Lee Says VCs Regret Missing Bitcoin’s 80x Decade

Tom Lee, Fundstrat’s chief investment officer and Bitmine’s chairman, said in a Wu Blockchain interview that venture capitalists regret not buying Bitcoin earlier, citing a roughly 80-fold rise from under $1,000 to $80,000 over the past decade. Lee said he discussed the matter at a dinner during TOKEN2049 Singapore, held Oct. 6-7, with venture-capital friends he first met ten years ago. He said those investors still expressed regret even with Bitcoin at $82,000, and he encouraged investors to buy Bitcoin, Ethereum and Solana, noting that in July he said 95% of investors had zero Bitcoin exposure.