Tom Lee Says the Biggest Crypto Bull Run Ever Is Starting. Here’s Why
Tom Lee, chairman of BitMine Immersion Technologies, advised Korea Blockchain Week 2026 that crypto is getting into what he known as the greatest bull cycle ever.
His feedback got here alongside contemporary Ethereum purchases that pushed BitMine nearer to a daring possession goal.
What Is Driving Tom Lee’s Bull Market Call?
A bull cycle describes a sustained interval of rising costs pushed by robust demand and investor confidence. Lee pointed to Bitcoin buying and selling above its 200-day transferring common, a sign that has preceded eight of the previous 9 bull markets over 12 years. He additionally cited steady institutional inflows into Bitcoin products all through September.
“I imagine this crypto cycle will probably be the greatest ever,” Tom Lee mentioned.
Major banks like BlackRock and JPMorgan Chase are now tokenizing assets, including additional legitimacy to the sector. That development suggests conventional finance is treating blockchain infrastructure as everlasting, not experimental.
Lee additionally cited a generational wealth shift: Americans in their twenties will inherit roughly $700 billion this 12 months, up sharply from about $100 billion in 2019-2020, which he says may assist push crypto’s complete worth towards $10 trillion.
He famous Ethereum beforehand rallied 227-fold in 2016 and 50-fold in 2020 following prolonged sideways buying and selling. Lee believes similar patterns could repeat as new capital enters the market.
How Is BitMine Positioning Itself for the Rally?
BitMine aims to secure 5% of Ethereum’s total supply via ongoing staking and share buybacks. The agency added 17,362 ETH throughout the week ending September 28, following a 27,562 ETH buy the week earlier than.
Those purchases introduced total holdings to 6,001,302 ETH, value roughly $16.06 billion at present costs.
As of September 27, BitMine had staked 5,067,309 ETH, a determine it says exceeds every other entity in the world. Lee known as Ethereum the best-performing macro asset this quarter, outpacing conventional markets by a large margin. He expects institutions still underweight on crypto to boost their publicity throughout the fourth quarter.
“Our purpose is for Bitmine inventory to ship greater returns than Ethereum itself,” Lee famous.
Ethereum at the moment trades close to $2,676, down about 1% over the previous 24 hours. Lee’s outlook stays speculative, and cryptocurrency markets can transfer sharply in both path.
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