Tom Lee: ETH Could Reach $62,000 in Next Cycle

on October 26, Tom Lee Tracker (@TomLeeTracker) stated Fundstrat co-founder Tom Lee explained why BitMine (BMNR) seeks to maintain maximum Ethereum exposure. He noted that Ethereum has historically appreciated 50 to 200 times in previous crypto cycles, and even at a more conservative 25x estimate, ETH's price would reach approximately $62,000. Should this scenario materialize, BitMine shareholders could reap substantial returns solely from the Ethereum held by the company.