Tom Lee, Managing Partner and Head of Research at Fundstrat Global Advisors, projected an aggressive long-term upside for Bitcoin (CRYPTO: BTC), estimating a terminal valuation of up to $3 million per coin.
What Happened: Speaking with CNBC, Lee suggested that Bitcoin could realistically climb to $250,000 by the end of 2025 and sees further gains as inevitable given global adoption trends and limited supply.
Lee underscored the stark disparity between Bitcoin’s fixed supply and its largely untapped …