Tom Lee, chairman of Bitmine, remains optimistic about Ethereum's future, predicting a 'supercycle' that could see prices soar despite a recent 40% drop from its August peak. Lee attributes the decline to tax-loss selling and seasonal market weakness. Bitmine has significantly increased its Ethereum holdings, purchasing $131 million worth in December, totaling $1.4 billion for the month. The firm now controls 3.4% of Ethereum's circulating supply and plans to stake it, potentially earning $374 million annually. Lee projects Ethereum could reach $7,500 by 2025 and $25,000 by 2028.