🚨 TOM LEE ON $ETH ETHEREUM:
"It has been around $2,700 for 5 years. The longer the base, the bigger the breakout."
"Ethereum is massively undervalued."
"This bull cycle I think it could easily be $25,000 to $50,000 per token."
TOM LEE SEES ETHEREUM $ETH AT $25,000 TO $50,000
@fundstrat believes ETH's five-year consolidation could set up a much larger breakout.
His nearer-term targets:
- Above $5,000 by year-end
- Around $7,500 if Bitcoin bitcoin:native clears $100,000
Bitcoin is already back at
TOM LEE SAYS BITMINE $BMNR EXECUTED THE LARGEST CRYPTO STOCK BUYBACK EVER
He says the buyback helped establish a bottom in BitMine’s share price:
- BitMine began buying back stock on July 14, near what Lee describes as the lows
- The company repurchased 21 million shares for roughly $350 million
- The buyback was completed on August 17 and, in Lee’s view, helped establish the low for $BMNR shares
🧵
1/
BitMine provided its latest holdings update for October 12, 2026
$16.2 billion in total crypto + "moonshots":
- 6,028,946 ETH at $2,544 per ETH (per @coinbase)
- 214 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $85 million stake in Eightco Holdings
9/
As of October 11, 2026, Bitmine total staked ETH stands at 5,067,309 ($12.9 billion at $2,544 per ETH). "Bitmine has staked more ETH than other entities in the world.
At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward would be $400 million on an annualized basis (using 2.61% 7-day BMNR yield).
This compares to annualized staking revenues at $336 million based upon BMNR's 5.1 million currently staked ETH (84% of the 6.03 million ETH held by Bitmine)," continued Lee.
Total staked $ETH by week:
- 10/11/26: 5,067,309 ETH
- 10/4/26: 5,067,309 ETH
- 9/27/26: 5,067,309 ETH
- 9/20/26: 5,067,309 ETH
- 9/13/26: 5,067,309 ETH
- 9/7/26: 5,067,309 ETH
- 8/30/26: 5,067,309 ETH
- 8/23/26: 5,067,309 ETH
- 8/16 /26: 5,067,309 ETH
- 8/9/26: 5,067,309 ETH
- 8/2/26: 4,917,189 ETH
- 7/26/26: 4,917,189 ETH
- 7/19/26: 4,917,189 ETH
- 7/12/26: 4,917,189 ETH
- 7/5/26: 4,879,157 ETH
- 6/28/26: 4,879,157 ETH
- 6/21/26: 4,718,677 ETH
- 6/14/26: 4,718,677 ETH
- 6/7/26: 4,718,677 ETH
- 5/31/26: 4,718,677 ETH
- 5/25/26: 4,712,917 ETH
- 5/17/26: 4,712,917 ETH
- 5/10/26: 4,712,917 ETH
- 5/2/26: 4,362,757 ETH
- 4/26/26: 3,701,589 ETH
- 4/19/26: 3,334,637 ETH
- 4/12/26: 3,334,637 ETH
- 4/5/26: 3,334,637 ETH
- 3/29/26: 3,142,643 ETH
- 3/22/26: 3,142,643 ETH
- 3/15/26: 3,040,515 ETH
- 3/8/26: 3,040,483 ETH
- 3/1/26: 3,040,483 ETH
- 2/23/26: 3,040,483 ETH
- 2/17/26: 3,040,483 ETH
- 2/8/26: 2,897,459 ETH
- 2/1/26: 2,897,459 ETH
- 1/26/26: 2,009,267 ETH
- 1/19/26: 1,838,003 ETH
- 1/11/26: 1,256,083 ETH
- 1/4/26: 659,219 ETH
- 12/28/24: 408,627 ET
8/
"Over the past week, we acquired 12,532 ETH. Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world. Bitmine has bought ETH each and every week since the inception of the ETH Treasury Strategy on June 30, 2025," stated Lee.
Weekly ETH buys (by week ending):
-10/12/26: 12,532 ETH coins
-10/5/26: 15,112 ETH
-9/28/26: 17,362 ETH
-9/21/26: 27,562 ETH
-9/14/26: 27,180 ETH
-9/7/26: 28,086 ETH
-8/31/26: 53,501 ETH
-8/24/26: 32,447 ETH
-8/17/26: 9,926 ETH
-8/10/26: 7,391 ETH
-8/3/26: 10,399 ETH
-7/27/26: 9,946 ETH
-7/20/26: 7,430 ETH
-7/13/26: 27,801 ETH
-7/6/26: 42,197 ETH
-6/29/26: 27,084 ETH
-6/22/26: 52,203 ETH
-6/15/26: 76,881 ETH
-6/8/26: 126,971 ETH
-6/1/26: 26,947 ETH
-5/26/26: 111,942 ETH
-5/18/26: 71,672 ETH
-5/11/26: 26,659 ETH
-5/3/26: 101,745 ETH
-4/26/26: 101,901 ETH
-4/19/26: 101,627 ETH
-4/12/26: 71,524 ETH
-4/5/26: 71,252 ETH
-3/29/26: 71,179 ETH
-3/22/26: 65,341 ETH
-3/15/26: 60,999 ETH
-3/8/26: 60,976 ETH
-3/1/26: 50,928 ETH
-2/23/26: 51,162 ETH
-2/17/26: 45,759 ETH
-2/9/26: 40,613 ETH
-2/1/26: 41,788 ETH
-1/26/26: 40,302 ETH
-1/20/26: 35,628 ETH
-1/12/26: 24,266 ETH
-1/5/26: 32,977 ETH
-12/29/25: 44,463 ETH
-12/22/25: 98,852 ETH
-12/15/25: 102,259 ETH
-12/8/25: 138,452 ETH
-12/1/25: 96,798 ETH
-11/24/25: 69,822 ETH
-11/17/25: 54,156 ETH
-11/10/25: 110,288 ETH
-11/3/25: 82,353 ETH
-10/27/25: 77,055 ETH
🧵
1/
BitMine provided its latest holdings update for October 12, 2026
$16.2 billion in total crypto + "moonshots":
- 6,028,946 ETH at $2,544 per ETH (per @coinbase)
- 214 Bitcoin (BTC)
- $180 million stake in Beast Industries @MrBeast
- $85 million stake in Eightco Holdings (NASDAQ:$ORBS) (“moonshots”) and
- total cash and marketable securities of $612 million.
Ticker:
$BMNR common equity
$BMNP 9.5% perpetual preferred, dividends paid weekly
Chairman: Tom Lee @fundstrat
Link ⛓️
prnewswire.com/news-releases/…
Why I’m becoming even more bullish on Ethereum:
A lot of the garbage L2s are dying off, projects like Abstract and Blast shutting down.
The lesson is simple: just build on Ethereum mainnet.
Stop spinning up unnecessary chains designed to extract value from your own community.
502 Followers 2K FollowingInversor en criptoactivos | Disciplina, paciencia y gestión del riesgo. No persigo el mercado: analizo, ejecuto y escalo capital. La liquidez es poder. #SUI
25 Followers 18 Following333 curated pixel daCATs. Every hat tells a story. Legendary yellow runs through them all. 😼🎩
Created by @dagato_official • Part of the @dacat_token ecosystem
175K Followers 12 FollowingThe world's first & largest Bitcoin Treasury Company & leading provider of AI + BI software | $MSTR $STRC $STRK $STRF $STRD $STRE https://t.co/P9jlb1QmXo
5K Followers 96 FollowingThe first, second Ethereum Foundation
Building token-free public infrastructure that strengthens $ETH
Telegram https://t.co/S2bkxnCGP9
234K Followers 1K FollowingFounder - Altimeter, Invest America | Trump Accounts, Center for Heart Attack Prevention. One precious life. Views here personal. @investamerica24 @bg2pod
5K Followers 1K FollowingHigh conviction. Non consensus.
Entrepreneur building a convex portfolio in the real world.
On bad days, I pair drawdowns with good wine 🍷
1.3M Followers 2K FollowingI am a technology enthusiast, writer, and modder. Founder of @ModRetro, @Oculus VR, and @Anduriltech. Keeping American superheroes safe with autonomous systems.
661K Followers 1K FollowingSince 1926, the trusted advisor to the world's leading businesses, governments, and institutions. 130+ offices in 65+ countries.
119K Followers 131 FollowingConnecting numbers and stories through unique visuals | Deep dives, research, visual library & Discord community via my website 👇 | Collaborate? DM is open!
36K Followers 415 FollowingInvestment enthusiast. Driven by faith, family, and the conviction that the best is yet to come. YouTube https://t.co/9Ynr4pk14X
2K Followers 2K FollowingHead of financials & fintech research @CitizensBank. 20+ years covering financials & fintech stocks. Dad of 3. Long innovation, short free time. Go Irish 🍀
61K Followers 1 FollowingJudeo-Christian Values. @tribecap @krakenfx. I like humor, memes, freedom, more importantly protecting / investing open source crypto/ ai / agents / software.
852K Followers 691 FollowingI don't predict the market. I AM the market.
Investor. Speculator. Follow or stay poor, your call.
-Founder @crypto_crib_
-Co-Founder @_alphametrics
166K Followers 2K FollowingThe system of record for stablecoins, tokenized assets, & onchain finance. Access standardized & comparable data for asset issuers, DeFi venues, & blockchains.
31K Followers 2K FollowingWhite House Quant. Former Fed Chair Candidate. Shepherd for individual investors. Engineer enthusiastic about providing energy to the world.