{"id":35154,"date":"2025-07-04T05:47:35","date_gmt":"2025-07-04T05:47:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35154"},"modified":"2025-07-04T05:47:35","modified_gmt":"2025-07-04T05:47:35","slug":"tom-lees-bullish-ethereum-bet-sends-bitmine-stock-surging-3000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35154","title":{"rendered":"Tom Lee\u2019s Bullish Ethereum Bet Sends Bitmine Stock Surging 3,000%"},"content":{"rendered":"
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Fundstrat\u2019s Tom Lee is \u201cthe most bullish thing to happen to Ethereum this year,\u201d opined Ryan Sean Adams, co-founder of Bankless, on Friday.<\/p>\n

Bitcoin bull Lee has made some famous predictions about BTC, stating on CNBC in 2017 that it would reach $55,000 when it was trading around $2,000 at the time.<\/p>\n

This was at the time when JPMorgan boss Jamie Dimon said he would fire any trader who touched Bitcoin, and billionaire Warren Buffett called it \u201crat poisoned squared,\u201d observed Adams.<\/p>\n

Bitmine Stock to The Moon<\/h2>\n

Earlier this week, Lee launched<\/a> a $250 million Ethereum treasury for his company Bitmine. He has effectively become for Ethereum what Michael Saylor is for Bitcoin.<\/p>\n

He also went on CNBC and said<\/a> Ethereum is the next Bitcoin, stablecoins are crypto\u2019s ChatGPT moment, and they make ETH more valuable.<\/p>\n

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\u201cUnderneath the stablecoin industry is Ethereum \u2013 that is really the backbone and architecture of stablecoins, so it\u2019s important to create a project that accumulates Ethereum to essentially protect and have some influence on the network.\u201d<\/p>\n<\/blockquote>\n

The market has already reacted with Bitmine Immersion Technologies stock (BNMR) surging a whopping 2,934% since the announcement, according<\/a> to Google Finance. The share price topped $140 on Thursday, surging from last week\u2019s closing price of $4.27.<\/p>\n

\"bitmine\"<\/a>
Source: Google Finance<\/figcaption><\/figure>\n

Adams concluded that this is the best thing to happen to Ethereum this year. \u201cYou think Wall Street isn\u2019t listening this time? Get ready for FOMO season. ETH is going up,\u201d he said.<\/p>\n

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Let me tell you why Tom Lee is the most bullish thing to happen to ETH this year.<\/p>\n

Tom Lee was the guy in 2017 on CNBC calling for $55k bitcoin when it was trading at $2k.<\/p>\n

Wall street people thought he was insane.<\/p>\n

I remember the segments.<\/p>\n

The anchors would smile and be like\u2026 pic.twitter.com\/HIkqRVyZ54<\/a><\/p>\n

\u2014 RYAN S\u039eAN ADAMS \u2013 rsa.eth (@RyanSAdams) July 3, 2025<\/a><\/p>\n<\/blockquote>\n