Market Prophet Tom Lee Reveals His Prediction About Ethereum (ETH) – “Banks…”

Market Prophet Tom Lee Reveals His Prediction About Ethereum (ETH) – “Banks…”

Famous investor and Fundstrat co-founder Tom Lee predicts that banks will buy Ethereum (ETH) not only for speculative gains but also to secure their infrastructure. Lee states that this strategy will initiate institutional-level Ethereum accumulation, similar to MicroStrategy’s Bitcoin investments....

Why Tom Lee Believes Ethereum Price Could Reach $10,000

The post Why Tom Lee Believes Ethereum Price Could Reach $10,000 appeared first on Coinpedia Fintech News Popular market strategist Tom Lee, founder of Fundstrat, has explained why he believes Ethereum (ETH) has the potential to climb to $10,000. Ethereum’s price has been stuck around $2,400 for some time, without much movement. While some experts like Bitwise think it might not hit new all-time highs this year, Tom Lee remains positive about it…

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

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 and Joe Lubin have already advanced their plans to create the ‘MicroStrategy’ of Ethereum. On Tom Lee’s end, B…

The Implications of Tom Lee Joining BitMine Immersion Technologies

Tom Lee, a prominent Wall Street strategist and co-founder of Fundstrat, has been appointed Chairman of the Board of Directors at BitMine Immersion Technologies (NYSE: BMNR), effective June 30, 2025. This move coincides with BitMine’s announcement of a $250 million private placement to acquire Ethereum (ETH) as its primary treasury reserve asset, aiming to position […] The post The Implications of Tom Lee Joining BitMine Immersion Technologies a…

BitMine Immersion Technologies Announces $250 Million Private Placement for Ethereum Treasury Strategy

BitMine Immersion Technologies, Inc. (NYSE American: BMNR) has successfully priced a $250 million private placement, offering 55,555,556 shares of common stock at $4.50 per share. This strategic move is designed to finance an Ethereum (ETH) treasury strategy, with the transaction expected to close around July 3, 2025. The initiative, spearheaded by MOZAYYX and supported by prominent investors such as Founders Fund, Pantera, FalconX, and Galaxy D…