Tom Lee’s Ethereum “Supercycle” Call: Why He Bought $88M More ETH at $3,200—And Predicts 10x Returns
Yahoo Finance·2026-01-13 23:25

Quick Read Bitmine bought 88MinETHat88M in ETH at 3,200 and now holds 4.17M ETH (3.45% of circulating supply). Tom Lee’s supercycle thesis hinges on Ethereum transitioning from speculative asset to productive infrastructure—similar to how Bitcoin evolved from curiosity to institutional allocation. Lee projects Bitmine’s staking income could reach 374MannuallyonceMAVANlaunchesinearly2026.ETHreaching374M annually once MAVAN launches in early 2026. ETH reaching 32,000 (10x) would require a $3.8T market cap larger than Apple’s current valuation. A recent stud ...