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
Data: Ethereum Spot ETF Saw Net Outflows of $240 Million Yesterday, the Third Highest on Record
Data: An insider spent $450,000 to purchase YZY at an average price of $0.24, paying a 129 SOL priority fee
YZY Spot Trading Now Available on Bitget
Trending news
MoreCrypto prices
More
