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BitMine Appoints New Chairman, Fundstrat Co-Founder: Ethereum Rising to $15,000 is a Reasonable Level Compared to Circle's Valuation

Summary: According to reports, Tom Lee, the new chairman of BitMine and co-founder of Fundstrat, stated in an interview with CoinDesk this week that if we look at Circle's current valuation level (130 times EBITDA), then Ethereum rising to $15,000 is completely reasonable. Additionally, Tom Lee agrees with analyst Mark Newton's view that Ethereum breaking $4,000 ...

According to reports, Tom Lee, the new chairman of BitMine and co-founder of Fundstrat, stated in an interview with CoinDesk this week that if we look at Circle's current valuation level (130 times EBITDA), then Ethereum rising to $15,000 is completely reasonable. Additionally, Tom Lee agrees with analyst Mark Newton's view that Ethereum breaking $4,000 by the end of the month is plausible.

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Link: BitMine Appoints New Chairman, Fundstrat Co-Founder: Ethereum Rising to $15,000 is a Reasonable Level Compared to Circle's Valuation [Copy]

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