ETH at $250K? Understanding the Upside Case Without the Hype

[madtrader]

Tom Lee modeled BitMine’s future valuation using the ETH/BTC ratio, arguing that if Bitcoin ever reaches $1 million, ETH could climb to $250,000. At that level, BitMine’s implied share price would exceed $5,000 — forcing a 100:1 stock split just to keep shares accessible.

How to make money: You don’t need to believe ETH hits $250K to profit. The real opportunity lies in relative strength. If ETH continues gaining market share over Bitcoin, ETH-focused treasuries like BitMine can outperform BTC miners or general crypto equities — especially during ETH-led phases of the cycle.

[johnblockbuster]

ppl always get stuck on the price targets and miss the relative strength part

[johnblockbuster]

if eth starts leading again these eth treasury plays are gonna look real smart in hindsight