Analysis: Tom Lee May Achieve Billion-Level Profits from a Single Trade
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$73,982.74
-0.17%
Ethereum
ETH
$2,058.91
-1.42%
Tether USDt
USDT
$0.9990
+0.03%
BNB
BNB
$680.83
-0.84%
USDC
USDC
$0.9997
-0.00%
XRP
XRP
$1.06
-1.56%
Solana
SOL
$83.73
-0.97%
TRON
TRX
$0.3173
-0.45%
Hyperliquid
HYPE
$72.35
-1.72%
Zcash
ZEC
$987.16
-13.79%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now