The Daily: Strategy’s Saylor predicts bitcoin will ‘double or triple’ S&P returns, BitMine buys $84M in ETH as Tom Lee flags an ‘attractive’ entry point, and more

The daily crypto roundup highlights Michael Saylor's prediction that Bitcoin will "double or triple" the S&P 500's returns over the next four to eight years, with Strategy committed to buying BTC perpetually. In other market news, BitMine acquired $84 million worth of Ether, bringing its total holdings close to 5% of Ethereum's circulating supply, while Executive Chairman Tom Lee viewed the recent market pullback as an "attractive" entry point. Regulatory action is underway in South Korea, where the Financial Supervisory Service launched an investigation into Bithumb following a massive $43 billion fat-finger error involving BTC distribution. Additionally, Vitalik Buterin outlined Ethereum's near-term role in an AI-driven future focusing on coordination and trustless tooling, and the Backpack exchange achieved unicorn status with talks of a $1 billion pre-money valuation.

(Source：The Block)