Tom Lee sees $2 trillion wealth transfer fueling crypto rally as Bitmine (BMNR) buys more ether (ETH)
Summary
Bitmine chairman Tom Lee said an estimated $1.5 trillion to $2 trillion in U.S. wealth could pass to heirs from 2026 to 2028, and argued younger recipients may help drive crypto demand. He also cited institutional blockchain adoption, AI applications and crypto treasury firms as potential bull-market catalysts, while acknowledging how much inherited wealth will go to crypto is uncertain. Separately, Bitmine bought 12,532 ETH last week, bringing holdings to 6,028,946 ETH, or about 4.9% of supply, just short of its 5% target. It has staked 5.07 million ETH and forecasts about $336 million in annualized staking revenue.
