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Home CRYPTO BITCOIN

Tom Lee Says Bitcoin Could Soar to $3 Million – But Can It Really?

Gary Ponce by Gary Ponce
June 3, 2025
in BITCOIN, CRYPTO, FINANCE, OPINION
Reading Time: 3 mins read
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  • Tom Lee predicts a massive Bitcoin price surge, claiming BTC could hit $3 million long-term due to a major imbalance between supply and potential future demand.
  • He also sees $250K as possible by end of 2025, driven by improving U.S. crypto regulations and growing interest from institutional investors.
  • While Bitcoin currently trades around $104K, Lee’s bold forecasts follow his earlier accurate call about BTC surpassing $100K in 2024—though not all of his past predictions have landed.

In a bold, maybe even wild call, Fundstrat’s Tom Lee just dropped a headline-grabbing Bitcoin forecast during a chat on CNBC’s “Squawk Box.” According to him, BTC might not just inch upward… it could eventually skyrocket to $3 million. Yeah, million. With an “M.”

Lee pointed out something kinda mind-bending: while 95% of all Bitcoin has already been mined, barely anyone actually owns it. He said, “There’s just this massive demand-versus-supply gap,” suggesting that as more people catch on, the price could fly. And he’s not talking about a few months—he’s looking at a longer horizon, like the next decade or so.

Short-Term Spike or Long-Term Fantasy?

Now, this isn’t Lee’s first big-time BTC call. The guy’s been waving the bullish flag for years. He thinks Bitcoin could one day rival gold in network value, saying it’s got what it takes to outperform the shiny metal—maybe even this year.

In fact, he tossed out a near-term target too: $250K by year’s end. He believes the U.S. finally getting its crypto act together regulation-wise could be the secret sauce to make that happen.

Tom Lee projects Bitcoin could reach $3 million or more long-term, as its market cap surpasses gold.

He also sees a $250K price target as possible this year. pic.twitter.com/FbwGiDEri5

— Rhino Bitcoin App (@RhinoBTCapp) June 2, 2025

Here and Now? Bit Less Glamorous

At the moment, Bitcoin’s chillin’ around $104,000—down about 5% in the past week after it hit an all-time high of $112,000 in May, according to CoinGecko. Not a bad run though, considering Lee did correctly predict BTC would cross $100K in 2024. That happened last December, thanks to hungry institutional investors jumping in.

Still, not everyone’s buying the $3M dream. Lee has missed the mark before (more than once), so maybe keep that grain of salt handy. But if he’s right this time? Well… better strap in.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $BTCBitcoinCNBCCoinGeckoFundstratTom Lee
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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