Part 8/13:
He further explains that such strategic holdings can bolster Ethereum’s security and maintain its openness, with corporate governance playing a vital role. In his view, Bitmine—his firm—functions as a facilitator of this institutional reinforcement rather than a threat to decentralization.
The Valuation and Future Price Targets
Looking ahead, Tom Lee maintains optimistic short-term targets. He forecasts Bitcoin reaching $200,000 to $250,000 by year’s end, buoyed by a dovish Federal Reserve and seasonality factors. In turn, Ethereum’s ratio to Bitcoin is expected to recover to historical highs, implying a price range of $10,000 to $12,000 for ETH based on Bitcoin’s anticipated value.