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Tom Lee: ETH Could Be Much Higher Than $10,000 in the Next 12 Months At Korea Blockchain Week on September 30, 2026, BitMine Chairman Tom Lee @fundstrat told CoinDesk @CoinDesk he was unsure whether ETH would reach the $10,000 year-end target projected by Arthur Hayes, but said it could trade well above that level within the next 12 months. Lee called Hayes’ outlook conservative. He also used a hypothetical 25-fold rise in ETH to illustrate potential returns for BitMine shareholders; he did not present it as a specific price target. WuBlockchain notes that Tom Lee’s market forecasts are often optimistic, and his bullish price targets may not materialize. Actual market movements can differ substantially from his projections. During last year’s KBW, he predicted ETH would reach $10,000–$12,000; the crypto market subsequently suffered the “October 10 flash crash.”
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Tom Lee (@fundstrat) says “buckle up” for Q4 after the S&P 500 posted a 14.9% Q2 gain followed by a positive Q3. Since 1935, all six prior years with a similar setup finished Q4 higher.
Tom Lee (@fundstrat) says cooling inflation could give the Fed room to “walk back hawkishness,” which would be “good for stocks.” New York Fed President John Williams says there’s “no need for urgency” on another rate hike.
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Tom Lee (@fundstrat) says crypto’s biggest bull market may be underway, keeping a $150K target for Bitcoin ($BTC). He says Ethereum ($ETH) could reach $3K near term and potentially $60K in a few years as tokenization and institutional adoption grow.
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Tom Lee (@fundstrat)'s #Bitmine# keeps buying $ETH, withdrawing another 12,500 $ETH($34.55M) from #Kraken# today.
Tom Lee said today on CNBC: “Q4 will be the start of one of the biggest market rallies in our lifetime”
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Tom Lee: A Really Bullish Period for Crypto Over the Next 12 Months On September 11, 2026, BitMine Chairman Tom Lee @fundstrat said in an interview with Wealthion @wealthion that he believes crypto could be highly bullish over the next 12 months. Wall Street has begun embracing blockchain, tokenized securities and stablecoins over the past year and a half, fundamentally changing crypto’s addressable market. With leverage returning after a major market deleveraging, the four-year cycle nearing its end, the potential advancement of the CLARITY Act and Wall Street building financial infrastructure on blockchain, Lee sees multiple tailwinds supporting the crypto market. WuBlockchain notes that Tom Lee's market forecasts tend to be optimistic. His bullish targets may not materialize, and actual market performance may differ significantly from his predictions. Readers are encouraged to focus on his analytical reasoning rather than use specific price targets or timelines as a basis for investment decisions.
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Tom Lee's BitMine is looking amazing. Didn't think I'd say it but I bought it today. Ethereum > Bitcoin right now $BMNR
Tom Lee’s Bitmine is approaching 6 Million Ethereum warchest @Bitmine aggressively expands its treasury, acquiring an additional 28,086 $ETH over the last seven days. This acquisition brings the firm’s total Ethereum reserves to 5.93M $ETH, currently valued at approximately $14.8B. The Tom Lee-led (@fundstrat) mining giant confirms that its diversified balance sheet, including crypto, cash, and other holdings, hit a terminal value of $15.7B as of Sept. 7.
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