I made an optimistic statement about Ethereum’s future, Bitmin Director Tomley announced that his company’s strategic goal is to win 5% of the total ETH supply.
In an interview with Bankles, Lee said Ethereum is one of the biggest macro investment opportunities in the next decade.
Lee argued that Ethereum prices are still at a lower level and the likelihood is higher than Bitcoin, saying, “Bitcoin has been trading sideways for most of 2017, but it exploded at the end of the year. Ethereum is still at a similar point.”
Lee, who said the company is actively purchasing ETH for around $3,500, predicted that prices could reach the range of at least $4,000, the $7,000-$15,000 by the end of the year.
Lee highlighted Bitmine’s strong balance sheet and high liquidity, noting that its daily trading volume is $1.6 billion, directly accelerating the sector’s growth. He emphasized that the Ethereum Reserve Strategy is not just an alternative to ETFs, but a critical infrastructure for the ecosystem, adding that it can secure revenue and generate additional revenue in other ways.
*This is not investment advice.
