BitMine could hit its 5% Ether supply target within weeks - then what?
BitMine could reach 5% of Ether's supply by early November, while Tom Lee has left open whether it would continue buying beyond that level.


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BitMine could reach 5% of Ether's supply by early November, while Tom Lee has left open whether it would continue buying beyond that level.

Tom Lee, head of research at Fundstrat, put a characteristically positive spin on the Federal Reserve's interest-rate decision.

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Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.

Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.

ETH price is retesting a long-term support trend line that previously preceded a 5,200% rally, a fractal setup pointing to a potential move toward $60,000 by 2…

Tom Lee, of Fundstrat, outlined independence, forward guidance, inflation and the Federal Reserve's inflation measurement as the key takeaways
Fundstrat found that while retail investors sold aggressively as the market bottomed at the end of March, hedge funds were buying the dip
Bitmine chairman Tom Lee told Paris Blockchain Week that the recent crypto slump was a "mini crypto winter" and said Ether could climb above $60,000 over the n…

Fundstrat's Tom Lee says the tech and crypto selloff has gone just about as far as it's going to go.
Ether has fallen despite strong fundamentals as leverage remained absent and precious metals diverted risk appetite, according to Fundstrat's research head.

BitMine snared another 32,938 ETH on Tuesday as end-of-year tax-loss sellers and bots kept prices down, Fundstrat's Tom Lee said.

Fundstrat's head of research said institutional tokenization supports a $7,000 - $9,000 Ether price in early 2026 and a longer-term case for $20,000.

A circulating report attributed to Fundstrat warns of a potential crypto drawdown in early 2026, setting downside targets for Bitcoin, Ether and Solana.

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BitMine chair Tom Lee says Bitcoin's "best days" are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025.

Fundstrat's Tom Lee says investors should not fear this market, but be ready to buy the dip.
Crypto's recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine's Tom Lee.

"We would not lean bearish because of shutdowns," Lee wrote in a note to clients Thursday. "If stocks are down, we would be dip buyers."

Key PointsBitcoin could soar in value to hit a price of $200,000 by the end of 2025.
. Ether price dipped under the $4,300 support as September seasonality heightens correction risks..

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Tom Lee says it's a sign of how robust the stock market is right now that gains came on a hotter-than-forecast core CPI report.
This is a real Wall Street report sent by Tom Lee to his clients.

Bitmine Immersion Technologies recently launched an ether buying strategy and named Fundstrat's Tom Lee chairman.

Long-time market bull Tom Lee explains which groups may make the cut next.
Tom Lee of Fundstrat was appointed Chairman of the Board of Directors of BitMine Immersion Technologies, effective Monday.

At least one widely followed analyst says there's potential for market fireworks despite the 98.8% probability the central bank won't move interest rates
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