Bitmine (NYSE:BMNR) lhas aunched MAVAN, an institutional Ethereum (CRYPTO: ETH) staking platform, with Chairman Tom Lee betting $6.8 billion in staked ETH on his thesis that “wars are going to be good for the U.S. economy and the U.S. stock market.”
The War Opportunity Thesis
Lee argues that markets bottom early into conflicts despite short-term uncertainty.
His research shows that across the last eight major war events, markets consistently bottomed very early into the conflict, creating buying opportunities for investors who can see past the immediate crisis.
“As much as the war is creating obviously a huge short-term setback and a lot of uncertainty, including effects on monetary policy, ultimately wars are going to be good for the U.S. economy and the U.S. stock market,” Lee said.
Lee’s timing reflects his conviction that investors fixate on crisis elements while missing emerging opportunities.
When things look their worst, markets often do the opposite of what everyone expects.
He predicts …