Fundstrat’s Tom Lee named BMNR, MSTR, and COIN as top crypto proxies Friday while flagging this week as one of Bitcoin’s (CRYPTO: BTC) 10 most important days of the year.
Why Lee Is Flagging These Three Stocks
Lee posted on X that among 17 large-cap crypto stocks, three stand out as the strongest proxies.
BMNR (NASDAQ:BMNR) carries the highest correlation to Ethereum (CRYPTO: ETH) at 80%, MSTR (NASDAQ:MSTR) leads Bitcoin-linked stocks at 78%, and Coinbase (NASDAQ:COIN) tracks both assets at 74%, making it the best crossover pick in the group.
Lee expects Ethereum to outperform this cycle driven by tokenization and agentic AI, which he called far bigger drivers than the ICO, NFT, and stablecoin cycles that powered prior ETH outperformance.
