Bitmine chairman Tom Lee expects Bitcoin to reach $150,000 this year

  • Tom Lee said Bitmine expects Bitcoin to reach $150,000 this year.
  • $150,000 is Lee's stated Bitcoin price target for this year.
  • Bitmine accumulates Ethereum through DAT, according to the company chairman.

Bitmine (BMNR) Chairman Tom Lee said on live CNBC television that he expects Bitcoin to reach $150,000 this year. Lee also said this year's fundamentals are solid and that he believes the current phase is only beginning. Bitmine accumulates Ethereum through DAT, a digital asset treasury strategy for holding crypto assets.

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