Ethereum to $250,000? Tom Lee charts targets as Bitmine stock price jumps
Yahoo Finance·2026-01-05 12:43

Ethereum’s price will surge 8,000% and trade at 250,000pertoken,accordingtoBitminechairmanTomLee.Thatsurgewouldcatapultthevalueofthesecondlargestcryptotoabout250,000 per token, according to Bitmine chairman Tom Lee. That surge would catapult the value of the second-largest crypto to about 30 trillion — more than Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla combined. In a message to Bitmine shareholders, Lee cites the six-figure target while proposing an increase in the company’s authorised shares to grow 100-fold from 500 million to 50 billion in order to set the stage for a future stock split. ...