Tom Lee Predicts $250K Ethereum Price as BitMine Adds to $13 Billion Stash

Ethereum treasury steadfast BitMine Immersion Technologies added 32,977 ETH valued astir $104 cardinal during the last week of 2025, the steadfast announced connected Monday. 

The latest acquisition brings its full holdings to much than 4.14 cardinal ETH, worthy much than $13 cardinal arsenic of this writing. Its holdings present correspond astir 3.4% of the circulating ETH supply, leaving BitMine astir 1.9 cardinal ETH shy of its stated extremity of 5% of the full circulating supply. 

"In the last week of 2025, full equity and crypto enactment slowed, and yet we acquired 32,977 ETH successful the past week," said Bitwise Chairman Tom Lee, successful a statement.

“Our investigation shows that BitMine has continued to accumulate ETH astatine an accelerated gait versus different Ethereum [digital plus treasuries]. We stay the largest 'fresh money' purchaser of ETH successful the world."

The firm’s acquisition announcement follows assertive forecasting for the terms of Ethereum and shares successful BitMine (BMNR) arsenic portion of Lee’s latest chairman’s message. In his Friday remarks, Lee predicted a determination to $250,000 for ETH—a astir 7,760% summation from the caller trading terms of $3,180. ETH is up astir 9% implicit the past week.

Lee besides predicted a aboriginal terms of $5,000 per stock for BMNR based connected its narration to the terms of Ethereum. But that people is without immoderate banal splits, a large absorption for the steadfast arsenic it seeks shareholder support to summation the authorized stock number from 500 cardinal to 50 billion. 

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"BitMine needs the summation successful authorized shares chiefly to let the institution to selectively contented shares for superior marketplace activities, accommodate aboriginal stock splits (as ETH moves to our semipermanent targets), and alteration america to see selective acquisitions," Lee said. 

The steadfast cited banal splits arsenic the astir important crushed for the stock increase, highlighting a absorption connected keeping the banal terms accessible to the nationalist and astir $25. Lee’s connection urged each shareholders to ballot yes connected the connection by January 14. 

Other proposals up of its yearly gathering see electing 8 directors and implementing peculiar compensation and inducement plans. 

Shares successful the Ethereum treasury steadfast are up astir 4% connected Monday, precocious changing hands astatine $32.49 and up astir 14.8% successful the past 5 trading days, according to information from Yahoo Finance. 

The institution remains the largest Ethereum treasury firm and is the second-largest publically traded crypto treasury overall, trailing lone Strategy, the Bitcoin treasury steadfast that holds astir $63 cardinal successful BTC. 

In summation to its $13 cardinal successful ETH, BitMine holds astir $915 cardinal successful currency and 192 Bitcoin valued adjacent $18 million.