BitMine’s Tom Lee Sees $12K Ethereum by Year-End, Calls It Wall Street, White House Favorite

BitMine Immersion Technologies’ Tom Lee predicts Ethereum will hit $12,000 by year-end, calling it the preferred blockchain for Wall Street and the White House.

Lee said Ethereum’s “truly neutral chain” status makes it the infrastructure of choice for institutional and government adoption, and he expects this recognition to drive broader market interest in the coming months.

”The big players of the Wall Street world want to be on neutral and decentralized platforms,” Lee said at Korea Blockchain Week 2025’s Impact conference. ”Not only Wall Street, but also the White House and Congress are like this. The Ethereum network is a neutral network where one person cannot do what they want. That’s why it is preferred and will be preferred even more.”

He predicts a 10-15-year ‘[‘super cycle” for Ethereum, with prices reaching $10K to $12k by year-end. If momentum exceeds current expectations, it could even hit $15,000, he added.

Lee said Ethereum’s neutrality will also support emerging token economies for AI and robotics, reinforcing why institutional and government adoption could drive long-term growth.

BitMine has quickly become the largest Ethereum treasury company, holding 2.41 million ETH, according to Coingecko, and with a market capitalization of $9.45 billion.

But Ethereum’s fallen 9% in the past month and ETH ETFs (exchange-traded funds) have also extended their losing streaks, with negative inflows for two consecutive days, according to data from CoinGlass.