BlockBeats News, November 27th, BitMine's Chairman and CEO Tom Lee commented on the news that "Tether's quarterly purchase of gold exceeds that of many central banks": "The stablecoin issuer in the cryptocurrency field is the world's largest gold buyer, and has been the sole factor driving up the price since early 2026. This trend will push the gold price even higher starting in early 2026, which is not a bearish sign for Bitcoin. On the contrary, it implies that the price of Bitcoin will also rise in the future."
