Why Tom Lee Thinks Ethereum Treasury Firms Will Push ETH Past $10,000 In The Next 12 Months

The post Why Tom Lee Thinks Ethereum Treasury Firms Will Push ETH Past $10,000 In The Next 12 Months appeared first on Coinpedia Fintech News

Tom Lee, chairman of BitMine, thinks the next big move in Ethereum will come from treasury companies buying it up. He says firms that hold ETH on their balance sheets already own about 7% of its total supply, and he expects that share to roughly double to 15% during this bull cycle. Lee was asked …