š Tom Lee: ETH will grow 25x
At TOKEN2049, BitMineās head stated that the company is practically done buying Ethereum: it already has 6.016 million ETHāabout 4.9% of the total supply. After reaching 5%, BitMine will fully stop purchasesāLee called this threshold a āhard limitā
And the most interesting partāexplaining the decision, he said the company is finishing its accumulation ābefore a move to 25xā
In his scenario, the crypto market is just entering a new supercycle, and the tokenization of traditional assets and the development of AI agents will become some of Ethereumās main drivers
$ETH
$USDC
At TOKEN2049, BitMineās head stated that the company is practically done buying Ethereum: it already has 6.016 million ETHāabout 4.9% of the total supply. After reaching 5%, BitMine will fully stop purchasesāLee called this threshold a āhard limitā
And the most interesting partāexplaining the decision, he said the company is finishing its accumulation ābefore a move to 25xā
In his scenario, the crypto market is just entering a new supercycle, and the tokenization of traditional assets and the development of AI agents will become some of Ethereumās main drivers
$ETH
$USDC