BitMine Chief Tom Lee Sees Largest Crypto Bull Run Ever Ahead
Tom Lee, chairman of BitMine, has declared that the crypto market is entering its largest bull cycle in history. Speaking at Korea Blockchain Week 2026, he cited several reasons to support his claim, including Bitcoin's trading above its 200-day moving average and steady institutional flows into Bitcoin-linked products throughout September.
'I believe this crypto cycle will be the biggest of all,' Lee stated, adding that Americans in their twenties will inherit approximately $700 billion this year. This mass of capital could push the total crypto market valuation toward $10 trillion, he estimated.
BitMine is also targeting 5% of Ethereum's supply through acquisitions, staking, and share buybacks. With over 6 million ETH currently held, valued at approximately $16.06 billion, the company claims to have more than 5 million staked, exceeding any other entity in the world.