Tom Lee Sticks to $250K Bitcoin Price Forecast

Fundstrat co-founder Tom Lee reaffirmed his bullish Bitcoin price forecast, predicting the cryptocurrency could reach $200,000 to $250,000 by the end of 2025. Speaking on the Coin Stories podcast, Lee cited growing institutional adoption as the primary driver of the next major rally and maintained confidence in his previous $250,000 target set in late 2024. Other analysts, including Arthur Hayes and Joe Burnett, share optimistic outlooks, while Bernstein and Standard Chartered project more conservative year-end levels near $200,000, and 10x Research’s Markus Thielen forecasts $160,000. Debate continues over the relevance of Bitcoin’s four-year halving cycle, with Rekt Capital and Bitwise’s Matt Hougan offering divergent views on its future impact. Lee remains optimistic, suggesting that market skepticism could enable positive surprises and even predicted Bitcoin could eventually hit $1 million as adoption deepens. In mining news, IREN Ltd reported $86 million in July revenue and production of 728 BTC, surpassing industry heavyweight MARA’s 703 BTC despite a smaller average hashrate. IREN’s shares jumped 11.4%, valuing the company at $4.11 billion and making it the second-largest publicly traded Bitcoin miner. The firm also generated $2.3 million from its growing AI cloud division, fueled by the recent acquisition of NVIDIA GPUs. These results reinforce bullish Bitcoin price forecast calls by Lee and highlight robust fundamentals across mining operations.