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https://www.gate.com/announcements/article/45974
Recently, the Crypto Assets market has once again become the focus of attention. The newly appointed chairman of BitMine, Tom Lee, who is also a co-founder of Fundstrat, expressed his views on the future price movement of Ether. He believes that it is reasonable for Ether to reach a price level of $15,000. This perspective is based on a reference to Circle's current valuation level, which is approximately 130 times its EBITDA.
Lee also agreed with analyst Mark Newton's view that Ethereum may break through the $4000 barrier by the end of this month. This prediction has sparked widespread discussion in the market.
At the same time, the latest data shows that Bitmine Immersion Tech (stock code: BMNR) currently holds 566,800 Ether, with a total value of approximately $2.11 billion. It is worth noting that the company has significantly increased its Ether holdings in the past 30 days, with an increase of up to 247.41%. This move may reflect institutional investors' confidence in the future development of Ethereum.
Tom Lee officially took office as the chairman of BitMine on June 30. As a well-known analyst in the industry, his views often have a significant impact on market trends. However, investors should remain cautious, closely follow market movements, and make informed investment decisions.
Despite the promising outlook, the high volatility of the crypto assets market remains a risk factor that cannot be ignored. Investors should fully consider their own risk tolerance and conduct a comprehensive market analysis when making decisions.