[Tom Lee Says BTC Has Increased 100-Fold, ETH May Be Entering a Similar Supercycle]
Tom Lee, Chairman of the Board at Bitmine, stated that Bitcoin is a highly volatile asset. When he first recommended Bitcoin to Fundstrat clients in 2017, its price was approximately $1,000, with an allocation suggestion of 1%-2%. Over the past 8.5 years, Bitcoin has experienced six drops of over 50% and three drops of over 75%. As of 2025, Bitcoin's price has increased 100-fold compared to when it was first recommended. Tom Lee believes that to profit from this supercycle, one must persist in holding, and he also mentioned that Ethereum may be entering a similar supercycle.