Tom Lee Predicts $250K Ethereum Value as BitMine Provides to $13 Billion Stash – Decrypt

Ethereum treasury agency BitMine Immersion Applied sciences added 32,977 ETH valued round $104 million throughout the closing week of 2025, the agency introduced on Monday. 

The newest buy brings its whole holdings to greater than 4.14 million ETH, value greater than $13 billion as of this writing. Its holdings now characterize round 3.4% of the circulating ETH provide, leaving BitMine about 1.9 million ETH shy of its said purpose of 5% of the whole circulating provide. 

“Within the closing week of 2025, whole fairness and crypto exercise slowed, and but we acquired 32,977 ETH prior to now week,” stated Bitwise Chairman Tom Lee, in a press release.

“Our evaluation reveals that BitMine has continued to build up ETH at an accelerated tempo versus different Ethereum [digital asset treasuries]. We stay the most important ‘contemporary cash’ purchaser of ETH on the planet.”

The agency’s buy announcement follows aggressive forecasting for the worth of Ethereum and shares in BitMine (BMNR) as a part of Lee’s newest chairman’s message. In his Friday remarks, Lee predicted a transfer to $250,000 for ETH—a roughly 7,760% improve from the current buying and selling worth of $3,180. ETH is up practically 9% over the past week.

Lee additionally predicted a future worth of $5,000 per share for BMNR primarily based on its relationship to the worth of Ethereum. However that mark is with none inventory splits, a serious focus for the agency because it seeks shareholder approval to extend the licensed share rely from 500 million to 50 billion. 

“BitMine wants the rise in licensed shares primarily to permit the corporate to selectively difficulty shares for capital market actions, accommodate future share splits (as ETH strikes to our long-term targets), and allow us to think about selective acquisitions,” Lee stated. 

The agency cited inventory splits as a very powerful purpose for the share improve, highlighting a give attention to conserving the inventory worth accessible to the general public and round $25. Lee’s message urged all shareholders to vote sure on the proposal by January 14. 

Different proposals forward of its annual assembly embrace electing eight administrators and implementing particular compensation and incentive plans. 

Shares within the Ethereum treasury agency are up round 4% on Monday, lately altering fingers at $32.49 and up practically 14.8% within the final 5 buying and selling days, in accordance with knowledge from Yahoo Finance. 

The corporate stays the largest Ethereum treasury agency and is the second-largest publicly traded crypto treasury general, trailing solely Technique, the Bitcoin treasury agency that holds round $63 billion in BTC. 

Along with its $13 billion in ETH, BitMine holds round $915 million in money and 192 Bitcoin valued close to $18 million.