Highlight Clip: Tom Lee: Continued DAT Buying Could Push Crypto Prices Higher

Tom Lee: Continued DAT Buying Could Push Crypto Prices Higher

On September 30, 2026, BitMine Chairman Tom Lee told CoinDesk at Korea Blockchain Week that digital asset treasury companies (DATs) trading above their net asset value can raise capital to buy more crypto, reducing available supply and potentially driving prices higher. Citing HYPE as an example, he said a Hyperliquid DAT holds about 14% of the token supply and continues to buy. If its holdings reached 50%, HYPE could rise parabolically. WuBlockchain notes that Tom Lee's market forecasts tend to be optimistic. His bullish targets may not materialize, and actual market performance may differ significantly from his predictions. Readers are encouraged to focus on his analytical reasoning rather than use specific price targets or timelines as a basis for investment decisions. — link