Overview

• Speaking at Korea Blockchain Week, the Fundstrat co-founder and BitMine chairman projected Ethereum could reach $12,000–$15,000 by the end of 2025, with some comments citing a $10,000–$12,000 range.
• Lee said Ethereum could enter a 10–15 year “super cycle,” with further price discovery beyond the $12,000–$15,000 zone.
• BitMine now holds about 2.15 million ETH after shifting to an Ethereum-focused treasury, which Lee says makes it the largest Ethereum treasury globally.
• Following the pivot, BitMine’s market capitalization rose from roughly $37.6 million in June to about $9.45 billion by late September, according to company disclosures.
• Lee argued that future use cases such as AI-driven token economies, robotics and government identity verification could build on Ethereum, even as the token trades below $4,200 after a recent pullback.