Analysis: Tom Lee May Achieve Billion-Level Profits from a Single Trade
According to ChainCatcher, FTX debt claim expert Thomas Braziel posted on X, stating, "Tom Lee will become a billionaire through this deal—he holds a 10-year call option representing a 5% equity stake in BMNR—I estimate the current value of this option to be between $300 million and $350 million."
Tom Lee joined BitMine as Chairman on June 30, when the price of ETH was around $2,500. Now, ETH has risen to $4,700, marking an 88% increase since June 30.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise Analyst: The Growing Queue of ETH Withdrawals May Lead to Significant Market Selling Pressure
Ethereum reserves on CEXs continue to decline, with only 18.39 million remaining
Trending news
MoreAnalysis: Companies like Circle and Stripe are building proprietary blockchains to establish their own settlement channels, aiming to enhance the efficiency, compliance, and revenue of digital asset payments
Bitwise Analyst: The Growing Queue of ETH Withdrawals May Lead to Significant Market Selling Pressure
Crypto prices
More
