Fundstrat’s partner, Tom Lee, has commented on the staggering most recent Bitcoin purchase made by Saylor’s Strategy. Curiously, he has also once again confirmed his bullish stance not only on $BTC but on the second-largest cryptocurrency, Ethereum.
Tom Lee on Strategy's huge Bitcoin purchase
Tom Lee quoted Michael Saylor’s tweet, in which the Strategy’s executive chairman announced the acquisition of a massive 21,021 Bitcoins for $2.46 billion.
Saylor also bragged about his company achieving a $BTC yield of 25% year-to-year in 2025. As of now, Strategy holds a total of 628,791 $BTC worth roughly $74.2 billion.
Tom Lee commented on this stunning $BTC acquisition, citing the Mandalorian Disney’s series: “Bitcoin is the way.”
Bitcoin is the way https://t.co/9FdzVb20HC
— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) July 29, 2025
About a week ago, Lee predicted that Bitcoin has high odds of reaching a figure between $2 million and $3 million per coin in the long term. First, he said that Bitcoin should have the same network value as gold, but since Lee believes that $BTC is more valuable than gold, he named the aforementioned price tags as his forecasts.
This year, according to his earlier prediction, Bitcoin may skyrocket as high as $250,000 per coin.
He believes that a significant price leg up may be displayed by Bitcoin since many traders and analysts expect the Federal Reserve to adopt a more dovish stance in 2025 and slash interest rates.
Tom Lee's bullish view on Ethereum
While responding to a commentator’s question about whether he also thinks that “$ETH is the way,” Lee stated that in his view, “$ETH is probably the most important macro trade for next decade.”
$ETH is probably the most important macro trade for next decade my friend
— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) July 29, 2025
About a month ago, at the end of June, Lee urged his X followers to hold their $BTC and $ETH, saying that he expects the “usefulness growth” of these two coins to improve this year.
Currently, Bitcoin is changing hands at $118,276, and Ethereum is trading at $3,794 per coin.
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