Tag Archives: Tom Lee

Tom Lee Predicts $30,000 Per Ethereum As Treasury Frenzy Begins

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Tom Lee devoted a six-post thread on X yesterday to a single proposition: if companies treat Ethereum (ETH) the way MicroStrategy treats bitcoin, the token price need only follow the mathematics of balance-sheet absorption to reach roughly $30,000. Lee’s argument rests on the mechanics he says really powered MicroStrategy’s spectacular equity rerating. From 11 August… Continue reading Tom Lee Predicts $30,000 Per Ethereum As Treasury Frenzy Begins→

The ‘MicroStrategy’ Of Ethereum Emerges: Tom Lee And Joe Lubin Raise $675M To Stack ETH

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The ‘MicroStrategy’ of Ethereum has emerged, with Fundstrat’s Tom Lee and Joe Lubin making moves to advance their respective ETH treasuries. Tom Lee has emerged as the Chairman of BitMine, which will hold ETH, while Lubin is already the Chairman of SharpLink Gaming. Lee and Lubin Raise $675 Million for Ethereum Treasury Strategy Tom Lee… Continue reading The ‘MicroStrategy’ Of Ethereum Emerges: Tom Lee And Joe Lubin Raise $675M To Stack ETH→

BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury

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Tom Lee, the market strategist known for his insightful predictions on Bitcoin (BTC) and broader crypto prices, has taken on the role of chairman of the board at BitMine Immersion Technologies, a Bitcoin mining company now setting its sights on becoming the largest publicly traded holder of Ethereum (ETH).  Tom Lee Appointed Chairman At BitMine… Continue reading BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury→

Ethereum Just Got Its MicroStrategy—Tom Lee Bets On Soaring ETH Price

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Nearly three years after the Merge formally switched Ethereum to proof-of-stake on 15 September 2022, a publicly listed Bitcoin miner is adopting the network’s native token as its primary treasury asset. BitMine Immersion Technologies (NYSE American: BMNR) on 30 June priced a $250 million private placement of 55,555,556 new shares at $4.50 each and appointed… Continue reading Ethereum Just Got Its MicroStrategy—Tom Lee Bets On Soaring ETH Price→

Buy The Dip? Bitcoin’s $80K Drop Just A Pit Stop Before $150K—Analyst

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The recent decline in the price of Bitcoin to $80,000 has prompted speculation regarding whether this represents a sign of frailty or an opportunity to invest. Market watchers differ in opinion. While some view the drop as a passing setback, others see it as an opportunity. One analyst predicts that Bitcoin might yet reach $150,000… Continue reading Buy The Dip? Bitcoin’s $80K Drop Just A Pit Stop Before $150K—Analyst→

Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists

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After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others, such as Fundstrat’s Tom Lee, are still bullish long-term.… Continue reading Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists→

Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO

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In a recent appearance on CNBC’s “Squawk Box,” Tom Lee, Fundstrat Capital CIO and head of research, suggested that Bitcoin may still have a ways to fall before posting a substantial recovery. During the January 13 segment, Lee spoke about the broader market concerns—such as inflation, bond yields, and earnings—before drawing a parallel to the… Continue reading Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO→