The World’s Largest ETH Holder - Tom Lee on Treasuries, Ethereum Dominance, and Wall Street
Bankless
2025/08/06
The World’s Largest ETH Holder - Tom Lee on Treasuries, Ethereum Dominance, and Wall Street
The World’s Largest ETH Holder - Tom Lee on Treasuries, Ethereum Dominance, and Wall Street

Bankless
2025/08/06
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
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Not financial or tax advice. See our investment disclosures here:
