Tom Lee reiterates $250K ETH view, says upside remains substantial

Bitmine Chairman Tom Lee said on a YouTube broadcast that Ethereum could rise to $250,000 over time, adding he was not specifically endorsing that exact price target but still sees substantial upside for the asset. Lee also cited the late former Berkshire Hathaway Vice Chairman Charlie Munger’s view that major money is made through patience rather than buying and selling. He added many investors still underestimate cryptocurrency’s role in an AI-driven economy, and said Ethereum could serve as the payment layer for the future financial system. Lee said he believes crypto infrastructure will play a key role in supporting digital assets and AI-powered commerce.