Ethereum News Today: Corporate Treasuries' Bitcoin Playbook Could Send Ethereum to $30K, Tom Lee Says

Tom Lee, co-founder of Fundstrat Global Advisors, has made a bold Ethereum price prediction, forecasting the cryptocurrency could reach $30,000 this year. Lee's analysis hinges on the adoption of corporate treasury strategies similar to MicroStrategy's Bitcoin accumulation model, which drove the software company's stock price to surge 35-fold between 2020 and 2025. He argues that Ethereum's higher volatility compared to Bitcoin allows companies to leverage debt and equity issuance more efficiently, accelerating token accumulation and scarcity-driven price appreciationTom Lee Predicts Ethereum Could Hit $30K on Corporate Adoption^[1].

The strategy is already gaining traction. BitMine Immersion Technologies, a firm chaired by Lee, has amassed 300,657 ETH (worth over $1 billion as of July 2025) through a $250 million private placement. The company aims to acquire 5% of the total ETH supply, leveraging equity raises and staking to amplify returns. Similarly, SharpLink Gaming, led by Ethereum co-founder Joseph Lubin, expanded its stock issuance authorization from $1 billion to $6 billion to fund further ETH purchases, holding 280,706 ETH as of JulyTom Lee Sees $30K Ethereum as Firms Boost ETH Treasury Buys^[2]. Bit Digital, a Nasdaq-listed miner, reported 100,603 ETH in treasury after a $172 million equity raise, positioning itself as a leading ETH holding companyTom Lee Makes a Case for $30,000 ETH^[3].

Lee emphasizes that Ethereum's network upgrades-focused on scalability, speed, and reduced transaction costs-enhance its appeal to developers and institutional investors. The growing adoption of decentralized finance (DeFi) and tokenization further supports demand. Additionally, regulatory clarity, such as the proposed GENIUS Act, could catalyze institutional participation, mirroring the environment that boosted Bitcoin's institutional adoptionEthereum Price Prediction: Tom Lee Sees $30,000 This Year^[4].

While Lee's $30,000 target is ambitious, historical precedents suggest it is not implausible. MicroStrategy's Bitcoin strategy demonstrated how corporate treasury accumulation can drive equity valuations and token prices. Ethereum's current price near $3,600 would need an eight-fold increase to reach Lee's forecast, a move that aligns with Bitcoin's 8x surge between 2020 and 2021. However, critics argue that market volatility, regulatory risks, and competition from other blockchains could hinder such a trajectoryTom Lee Predicts $30,000 Per Ethereum as Treasury Frenzy Begins^[5].

The mechanics of Lee's thesis rely on a "reflexive loop": rising ETH prices boost corporate share valuations, enabling cheaper capital raises to acquire more tokens. This feedback mechanism, combined with Ethereum's role in stablecoins and tokenization infrastructure, could compress the timeline for scarcity-driven price discovery. Analysts like DCInvestor have noted that Lee's framework implies a broader range of $30,000–$80,000 for ETH, challenging skeptics to consider the speed of current corporate adoption compared to Bitcoin's four-year playbookTom Lee’s $30K ETH Prediction and the Reflexive Loop^[6].