Tom Lee's $250M Bet on Ethereum: A Bullish Call on Crypto's Second-Largest Asset

Friday, Jul 4, 2025 3:23 pm ET1min read

Tom Lee, a Wall Street strategist and chairman of Bitcoin mining company Bitmine Immersion, is betting $250 million on Ethereum, the world's second-largest cryptocurrency by market value. Lee believes Ethereum is being unfairly left behind and expects it to surge as the crypto and financial sectors become more integrated.

Tom Lee's $250M Bet on Ethereum: A Bullish Call on Crypto's Second-Largest Asset

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