$ETH BitMine Chairman: Wall Street is buying crypto assets, ETH may rise to $15,000💵

BitMine Immersion (BMNR) Chairman and Fundstrat co-founder Tom Lee stated in an interview with CoinDesk TV that despite the market rebounding, many investors still do not believe in the authenticity of this market cycle, which is key to driving further increases in crypto assets.

Lee pointed out that since 2020, investors have repeatedly underestimated each market recovery, calling this rebound starting in April the "most underestimated V-shaped reversal in history." He noted that traditional finance is "steadily and quietly" entering the crypto market, especially Ethereum, whose legal clarity and technical stability make it the preferred platform for Wall Street to advance tokenization.

BitMine currently holds 625,000 ETH, with total assets nearing $2.8 billion and almost no debt. Lee confirmed that the company is advancing a $1 billion share buyback plan, aiming to accumulate 5% of the ETH supply.

At the same time, Lee predicts that the upcoming interest rate cuts by the Federal Reserve could push Bitcoin up to $250,000. He believes that the current price of ETH is $3,700, but based on the network's fundamentals, its fair valuation should be $15,000, emphasizing that "we are not at the top yet, we are just in the middle of the cycle."#美国初请失业金人数 $ETH