Bitmine Immersion Technologies — led by Tom Lee — believes ETH could eventually hit $60,000, calling Ethereum the “biggest macro trade of the next decade.”
Their thesis?
• Institutional ETFs & corporate treasuries are loading up
• Stablecoin adoption (60% of which runs on ETH) is exploding
• Wall Street is actively tokenizing assets on Ethereum
Bitmine, now the largest corporate ETH holder (566,800 ETH), says it wants to be the MicroStrategy of Ethereum. Its stock (BMNR) is up 724% since pivoting to ETH in late June.
Still, ETH is trading just under $3,800 today — down 2.5% on the day — and remains below the psychological $4K mark.
📉 Some cooling is normal, but ETH’s upward pressure remains strong.
📊 Do you believe Ethereum has that kind of upside?
🛑 Disclaimer:
This post is for informational purposes only and does not constitute financial advice.Always do your own research before investing.
#EthereumTurns10 #ETHETFS #ETHNextTarget #ETHCorporateReserves
