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.
Tom Lee Named BMNR, MSTR, COIN as Top Picks for Fresh Crypto Bull Run
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.
Benzinga
Publisher
Aug 23, 2026 at 3:58 PM UTC · 2 min de lecture

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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.
The ETH/BTC ratio has already recovered from 0.018 to around 0.030 and entered what Fundstrat describes as a confirmed uptrend.
Why The ’10 Best Days’ Rule Matters Right Now
Lee posted a follow-up on X reminding traders waiting for an October bottom about Fundstrat’s rule of 10 best days.
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Bitcoin makes essentially all of its gains in its 10 strongest sessions each year. Include those days and Bitcoin returns 162% annually. Exclude them and the return turns negative 14%.
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