BitMine’s Tom Lee Predicts Ethereum Could Hit $12,000-$15,000
The Ethereum price has dropped below $4,200, but Tom Lee from BitMine Technologies remains optimistic, predicting a potential rally to $12,000-$15,000 by year-end, indicating a possible 200% increase in Q4 2025.
Ethereum's Potential Boost from Wall Street
- Tom Lee views Ethereum as a "neutral chain," expecting increased backing from Wall Street and the White House.
- BitMine recently added 264K ETH, bringing its total holdings to 2.14 million ETH, valued at over $11 billion.
- The pro-crypto stance from the White House and Congress under Trump appears focused on Ethereum.
- Lee noted a possible intersection between artificial intelligence and Ethereum, suggesting a token economy for robots may develop on the platform.
- Real price discovery for Ethereum is expected between $12,000 and $15,000.
BitMine vs. MicroStrategy
- Tom Lee compared BitMine Technologies to MicroStrategy, with both being major crypto treasury firms for ETH and Bitcoin, respectively.
- BitMine's shift to an Ethereum-focused treasury model has increased its market cap from $37.6 million to about $9.45 billion.
- BitMine now holds 2.15 million ETH, making it the largest Ethereum treasury globally.
- The company dominates a significant portion of trading volume, showing strong institutional interest.
- Both companies are anticipated to become large-cap stocks, attracting passive inflows as they are included in major indices during rebalancing.