Tom Lee, Chairman of BitMine, stated at Consensus Miami 2026 that Bitcoin closing above $76,000 by the end of May would signal the end of the bear market. He highlighted that since the onset of the US-Iran conflict, cryptocurrencies have outperformed, with even minimal exposure to ETH offering significant asset appreciation and hedging benefits. Lee also identified "proxy AI and tokenization" as key drivers for the next bull market, suggesting tokenization could create a $300 trillion market. He emphasized that blockchain's cost-efficiency could lead to crypto firms achieving higher per capita profits than traditional finance, predicting that half of the world's major financial institutions will become digitally native.