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Kosta Gushterov

Tom Lee on AI Scaling and Blockchain: Why It Could Lift Crypto Demand

On 5 May 2026, Bitcoin slid from near $82,000 to the $60,000 range as Michael Saylor attributed the move to roughly $400 billion in institutional fundraising for major AI and mega-cap tech deals. On 9 June 2026 at 12:35, Fundstrat's Tom Lee said AI expansion could increase the need for blockchain for identity, transaction validation, and tokenization, while citing an estimated $7 trillion in sidelined cash as a potential buffer during the tech IPO cycle.
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