PANews January 5 News, according to DL News, Bitmine Chairman Tom Lee recently predicted in a letter to shareholders that the price of Ethereum will soar by 8,000%, with each token trading at $250,000. This surge will boost Ethereum’s market capitalization to approximately $30 trillion, surpassing the combined value of Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta, and Tesla. When making this bold prediction, the Ethereum trading price was slightly above $3,100, which is less than half of the predicted $7,500 by the end of 2025.
Recently, Bitmine proposed increasing the company’s authorized shares by 100 times to perform a stock split. Tom Lee believes this split is necessary because “Bitmine’s stock price follows Ethereum’s price,” and he expects that when Ethereum reaches $250,000, the company’s stock price will reach $5,000 per share. He did not provide a timeline for achieving any of these targets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
423% Spot Flow Decline Hits Dogecoin (DOGE), Is Demand Quietly Returning? - U.Today
Dogecoin's recent price drop followed a five-day rise, indicating potential demand despite a negative net inflow. Future price predictions suggest resistance at $0.12, while T. Rowe Price's new ETF may boost interest. Traders are also focused on the upcoming Fed meeting.
UToday1h ago
GALA Exhausts Consolidation Phase, Prepares for 130% Spike As Bullish SMC Setup Signals Silent Sm...
The Gala (GALA) coin is attracting attention with its latest price movements, according to a revelation disclosed today by market analyst Crypto Patel. Despite the asset continuing its ongoing consolidation, underneath the surface, smart money is engaging in token accumulations
The GALA coin is th
BlockChainReporter2h ago
Dogecoin Flashes Rare Trend Reversal Signal, DOGE Price to $0.15? - U.Today
Dogecoin (DOGE) shows signs of a bullish reversal after a Heikin Ashi green candle emerged, suggesting potential for a rally to $0.15. Increased whale accumulation and trading volume bolster confidence in DOGE's upward trend.
UToday3h ago
Ethereum Price: Analyst Flashes Major ‘Buy’ Signal, Rally to $2,600 Soon?
March 16, 2026 8:15 pm EDT
TheCoinRepublic3h ago
