Will Gen Z Send Ethereum Price Soaring? Tom Lee Teams Up With MrBeast In $200M Deal

Tom Lee's firm, Bitmine, announced a $200 million equity stake in Beast Industries, the media company founded by YouTube star MrBeast (Jimmy Donaldson). This move links a crypto-focused firm, whose balance sheet is anchored around Ethereum (ETH), with a major creator targeting younger demographics, leading to speculation that the partnership could drive significant adoption of ETH among Gen Z. Lee praised Donaldson's cultural relevance, while Beast Industries' CEO noted the funding validates their growth strategy. Tom Lee maintains a highly bullish outlook for Ethereum, targeting ownership of 5% of its total supply through his "Alchemy of 5%" strategy and projecting prices between $7,000 and $9,000 by the end of January under certain conditions. Technically, Ethereum is showing renewed bullish momentum, approaching resistance near $3,175.

(Source：CCN)