In this episode, we talk with Tom Lee, chairman of Bitmine, about the rapid growth of his ETH treasury company and its goal to secure 5% of the total ETH supply.

Tom believes Ethereum could surpass Bitcoin in value, forecasting potential prices between $4,000 and $15,000. We discuss market dynamics, risks of excessive leverage, and his insights on valuing Ethereum and NFTs like Pudgy Penguins. 

Tune in for key insights into Ethereum’s future and Wall Street’s role in crypto.

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📣 LISTEN TO THE EXCLUSIVE DEBRIEF:

https://www.bankless.com/podcast/debrief-tom-lee-treasury

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TIMESTAMPS

0:00 Intro

2:57 The Rise of ETH Treasuries

8:27 The 5% ETH Strategy

12:08 The Role of Ethereum in Wall Street

17:57 Accumulating More ETH

26:39 Wall Street's Misunderstanding of Crypto

29:41 Ethereum's 2017 Moment

37:09 The Potential for 100x

45:52 Estimating ETH's Value

50:08 Navigating Market Risks

59:36 Closing Thoughts on Ethereum

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RESOURCES

Tom Lee

https://x.com/fundstrat

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Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures