Tom Lee predicts that if companies adopt treasury strategies similar to MicroStrategy's Bitcoin holdings, Ethereum could surge to $30,000, representing an eight-fold increase from its current price of around $3,600.

BitMine holds approximately 300,657 ETH and aims to stake about 5% of the total supply, while collectively, these firms control around 682,000 ETH, or 0.5% of circulating supply, with plans for further acquisitions.

Lee argues that the reflexive nature of these treasury strategies could accelerate ETH's growth, mirroring Bitcoin's success, as MicroStrategy's stock soared 35-fold since August 2020 due to such tactics.

Major firms like SharpLink Gaming have increased their stock sale authorizations to $6 billion to fund ETH purchases, already acquiring over 280,000 ETH.

These companies are exploring additional strategies such as issuing new stock above net-asset value, leveraging token volatility, and using convertibles or preferred shares to grow their ETH holdings.

BitMine Immersion Technologies, chaired by Lee, has already acquired $1 billion worth of ETH, highlighting the scale of treasury accumulation possible.

Nasdaq-listed miner Bit Digital holds 100,603 ETH and aims to become a leading ETH treasury holder.

Lee emphasizes that these treasury strategies could significantly boost ETH's value by increasing holdings through innovative financial tactics.

The success of MicroStrategy’s treasury approach demonstrates how strategic asset accumulation can lead to substantial equity gains, which Lee believes could be replicated with ETH.