Fundstrat’s accomplice, Tom Lee, has commented on the staggering most up-to-date Bitcoin buy made by Saylor’s Technique. Curiously, he has additionally as soon as once more confirmed his bullish stance not solely on BTC however on the second-largest cryptocurrency, Ethereum.
Tom Lee on Technique’s big Bitcoin buy
Tom Lee quoted Michael Saylor’s tweet, through which the Technique’s govt chairman introduced the acquisition of a large 21,021 Bitcoins for $2.46 billion.
Saylor additionally bragged about his firm attaining a BTC yield of 25% year-to-year in 2025. As of now, Technique holds a complete of 628,791 BTC value roughly $74.2 billion.
Tom Lee commented on this beautiful BTC acquisition, citing the Mandalorian Disney’s collection: “Bitcoin is the way in which.”
Bitcoin is the way in which https://t.co/9FdzVb20HC
— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) July 29, 2025
A couple of week in the past, Lee predicted that Bitcoin has excessive odds of reaching a determine between $2 million and $3 million per coin in the long run. First, he stated that Bitcoin ought to have the identical community worth as gold, however since Lee believes that BTC is extra precious than gold, he named the aforementioned value tags as his forecasts.
This yr, based on his earlier prediction, Bitcoin could skyrocket as excessive as $250,000 per coin.
He believes {that a} important value leg up could also be displayed by Bitcoin since many merchants and analysts count on the Federal Reserve to undertake a extra dovish stance in 2025 and slash rates of interest.
Tom Lee’s bullish view on Ethereum
Whereas responding to a commentator’s query about whether or not he additionally thinks that “ETH is the way in which,” Lee acknowledged that in his view, “ETH might be a very powerful macro commerce for subsequent decade.”
ETH might be a very powerful macro commerce for subsequent decade my pal
— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) July 29, 2025
A couple of month in the past, on the finish of June, Lee urged his X followers to carry their BTC and ETH, saying that he expects the “usefulness progress” of those two cash to enhance this yr.
At present, Bitcoin is altering palms at $118,276, and Ethereum is buying and selling at $3,794 per coin.
