TOM LEE CONNECTS THE DOTS ON BITCOIN’S NEXT LEG He says the deleveraging is behind us -- and he still sees $250K Bitcoin this year. The reason isn’t hype. It’s utility. Banks are finally admitting blockchain works for settlement and finality. And then there’s the Tether example: 🧮 ~$20B expected earnings in 2026 🏦 Top-5 globally in bank profits 👥 ~300 employees vs JPMorgan’s ~300,000 💵 < 1% of M1, tiny balance sheet He said that a bank built natively on blockchain can be structurally more efficient than TradFi. That’s why he thinks Bitcoin makes new highs, the system around it is proving itself.