Thursday, October 29, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Tom Lee’s Amazing Massive HYPE Explosion at 50% Supply

Tom Lee’s Amazing Massive HYPE Explosion at 50% Supply

Photo: TronWeekly

Tom Lee’s remarks on Hyperliquid emphasize that digital asset treasuries are becoming a structural factor in crypto supply dynamics. At Korea Blockchain Week, the Fundstrat co-founder and BitMine chairman explained how DATs can increase scarcity, using HYPE as an example of what occurs when treasury ownership approaches majority control. Lee described two mechanisms at the event. If a DAT trades below its net asset value, investors receive crypto exposure at a discount, similar to purchasing $85,000 worth of Bitcoin for $60,000. If it trades above NAV, it can issue equity and acquire more tokens, reducing available supply.

Source: TronWeekly

Latest in Crypto Today

All Crypto Today stories