In a recent appearance on CNBC’s Power Lunch, Tom Lee, co-founder of Fundstrat Global Advisors and Chairman of BitMine Immersion Technologies, shared a highly bullish outlook for the cryptocurrency market. Lee predicts that Ethereum (ETH) could reach $7,000–$9,000 by early 2026, while Bitcoin (BTC) is on track to hit $200,000. The Catalyst: Wall Street’s Move On-Chain Lee’s optimism is rooted in the accelerating trend of asset tokenization. He noted that major financial institutions are no longer just watching from the sidelines but are actively moving infrastructure to the blockchain. "Tokenize Everything": Lee cited moves by BlackRock and Robinhood as evidence that Wall Street is shifting toward on-chain settlement and tokenized securities. Dominant Infrastructure: Ethereum currently leads the Real-World Asset (RWA) market, securing over $12 billion in assets and facilitating $170 billion in stablecoin issuance. Long-Term Potential: Beyond the 2026 target, Lee believes Ethereum’s role as the primary settlement layer for the "on-chain dollar" could eventually drive its price to $20,000. Bitcoin as the "True Store of Value" Regarding Bitcoin, Lee dismissed recent underperformance compared to gold as a temporary phase. He maintains that Bitcoin’s fundamentals as a digital store of value remain intact, making a $200,000 price target for next year "quite reasonable." BitMine Immersion Technologies’ Massive Stake The report also highlighted the significant market influence of BitMine Immersion Technologies, currently the world’s largest corporate holder of Ethereum. Key Figures: Total Holdings: 4,066,062 ETH (approx. 3.37% of total supply). Staking Strategy: The company recently began staking its massive reserves to capture yields. Potential Earnings: According to analyst @EmberCN, at a 3.12% APY, BitMine could earn roughly 126,800 ETH annually. At a price of $2,927, this equates to approximately $371 million in passive income per year.
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#CryptoMarketMildlyRebounds Tom Lee Forecasts Major Crypto Surge: ETH to $9,000, BTC to $200,000
In a recent appearance on CNBC’s Power Lunch, Tom Lee, co-founder of Fundstrat Global Advisors and Chairman of BitMine Immersion Technologies, shared a highly bullish outlook for the cryptocurrency market. Lee predicts that Ethereum (ETH) could reach $7,000–$9,000 by early 2026, while Bitcoin (BTC) is on track to hit $200,000.
The Catalyst: Wall Street’s Move On-Chain
Lee’s optimism is rooted in the accelerating trend of asset tokenization. He noted that major financial institutions are no longer just watching from the sidelines but are actively moving infrastructure to the blockchain.
"Tokenize Everything": Lee cited moves by BlackRock and Robinhood as evidence that Wall Street is shifting toward on-chain settlement and tokenized securities.
Dominant Infrastructure: Ethereum currently leads the Real-World Asset (RWA) market, securing over $12 billion in assets and facilitating $170 billion in stablecoin issuance.
Long-Term Potential: Beyond the 2026 target, Lee believes Ethereum’s role as the primary settlement layer for the "on-chain dollar" could eventually drive its price to $20,000.
Bitcoin as the "True Store of Value"
Regarding Bitcoin, Lee dismissed recent underperformance compared to gold as a temporary phase. He maintains that Bitcoin’s fundamentals as a digital store of value remain intact, making a $200,000 price target for next year "quite reasonable."
BitMine Immersion Technologies’ Massive Stake
The report also highlighted the significant market influence of BitMine Immersion Technologies, currently the world’s largest corporate holder of Ethereum.
Key Figures:
Total Holdings: 4,066,062 ETH (approx. 3.37% of total supply).
Staking Strategy: The company recently began staking its massive reserves to capture yields.
Potential Earnings: According to analyst @EmberCN, at a 3.12% APY, BitMine could earn roughly 126,800 ETH annually.
At a price of $2,927, this equates to approximately $371 million in passive income per year.