BiteMine Chairman Tom Lee advised all investors to do not ignore Ethereum despite the powerful price increase in precious metals. He reemphasised his long-held view that “Ethereum is the future of finance”.
Following these comments, he further added that gold and silver prices are becoming the center of attention for investors but this rally is masking the development happening in Bitcoin and Ethereum.
While posting on social media platform, he stated that investors should own what works for them but never let FOMO overcome the good and innovative ideas. This was the comment added to a post by BitMine which highlighted that year-to-date increase in gold and silver prices are increasingly averting investors from powerful macro themes like AI and Crypto.
The post by BitMine further revealed that both precious metals gold and silver are up by 18% and 52% year-to-date, which are quite impressive.
However, the company warned that the increase is creating a whirlwind of fear of missing out the bigger opportunity of abandoning the long-term opportunities, especially in Ethereum. Since the major financial institutions are positioning Ethereum as a fundamental settlement and tokenization layer. When fundamentals go “up and to the right”, it is only a matter of time before price follows.
This view is also supported by the major business leaders and policymakers while having discussions at World Economic Forum in Davos. All experts and analysts agreed that financial institutions are increingly embracing crypto and blockchain assets.
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The Company BitMine explains itself as the largest treasury holder of Ethereum and has stated multiple times in press releases that it has gained an additional 40,302 Ether during the previous week, which is worth of around $440.5 million at contemporary prices.
On January 25, 2026, the company stated that its total crypto, cash, and moonshot holdings stood at $12.8 billion. The crypto holdings constitute approximately 4.24 million Ether, valuing $2,839 per token.
BitMine also reported $682 million in cash and equity stakes, with $200 million investment in Beast Industries.
To support his claims, Lee further stated that Ethereum’s price in comparison to Bitcoin has been increasing progressively since mid-October, indicating that tokenization and other use cases developed by Wall Street are built on Ethereum.
Despite the low trading price of Ethereum and Bitcoin, Lee has maintained a bullish long-term outlook. He is of the view that Bitcoin can eventually reach $1million or more and subsequently Ethereum price would increase to $250,000.
The Post Tom Lee Urges Investors Not to Ignore Ethereum While Metals Surge as BitMine Stakes Another $440.5 ETH was first reported on CNN.
