{"id":40098,"date":"2025-08-02T11:01:47","date_gmt":"2025-08-02T11:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40098"},"modified":"2025-08-02T11:01:47","modified_gmt":"2025-08-02T11:01:47","slug":"wall-street-is-buying-crypto-quietly-and-thats-bullish-says-bitmines-tom-lee","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40098","title":{"rendered":"Wall Street Is Buying Crypto \u2018Quietly\u2019 \u2014 And That\u2019s Bullish, Says Bitmine&#8217;s Tom Lee"},"content":{"rendered":"<div>\n<p>Crypto markets may be climbing, but some investors don\u2019t believe the rally is real, and that\u2019s exactly why it could go much higher, according to Tom Lee, co-founder of Fundstrat and chairman of Ethereum treasury firm Bitmine Immersion (BMNR).<\/p>\n<p>Speaking with CoinDeskTV, Lee explained why he called the rebound across crypto and equities that started in April &#8220;<a href=\"https:\/\/finance.yahoo.com\/news\/wall-streets-tom-lee-says-010114137.html\">the most hated V-shaped bounce in history.<\/a>&#8220;<\/p>\n<p>That&#8217;s because when markets slumped after President Donald Trump&#8217;s tariff announcements at the beginning of the month, economists predicted a recession, and many investors steered clear of riskier assets. The rebound caught them off guard.<\/p>\n<p>&#8220;Since 2020, investors have underestimated every recovery,\u201d he said. \u201cThis one is no different.&#8221;<\/p>\n<p>Traditional finance is increasingly buying into crypto \u2014 steadily and quietly, Lee said. The Ethereum blockchain&#8217;s ether (ETH), he said, is benefiting from Wall Street\u2019s push into tokenization, choosing the network for its legal clarity and technical reliability. \u201cEthereum has never had downtime. That matters to banks,\u201d he noted.<\/p>\n<p>Lee&#8217;s company, Bitmine, is betting on that. <\/p>\n<p>The company currently holds 625,000 ETH and nearly $2.8 billion in assets, with virtually no debt. Lee also confirmed <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/29\/bitmine-immersion-sets-up-to-usd1b-buyback-as-eth-holdings-top-usd2b\">a $1 billion share buyback<\/a>, while reaffirming the company\u2019s goal to accumulate 5% of the ETH supply. <\/p>\n<p>Bitcoin (BTC), meanwhile, is becoming a recurring buy for institutional investors. Lee said he believes a shift in Federal Reserve policy \u2014 particularly a move to rate cuts in the coming months \u2014 could send BTC surging toward $250,000.<\/p>\n<p>Lee values ETH, currently priced at $3,700, at <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/21\/tom-lee-sees-ether-hitting-15k-with-ethereum-emerging-as-wall-streets-favored-blockchain\">$15,000 based on network fundamentals<\/a>. He maintains the real story is underappreciated institutional adoption. <\/p>\n<p>&#8220;We\u2019re not at the top,&#8221; he said. &#8220;We\u2019re just mid-cycle.&#8221;<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto markets may be climbing, but some investors don\u2019t believe the rally is real, and that\u2019s exactly why it could go much higher, according to Tom Lee, co-founder of Fundstrat and chairman of Ethereum treasury firm Bitmine Immersion (BMNR). Speaking with CoinDeskTV, Lee explained why he called the rebound across crypto and equities that started [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40098","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40098"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40098\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}