Co-founder and Fund Strategist Tom Lee has repeated his prediction that Bitcoin (BTC) will reach $ 20,000 by mid-year and $ 25,000 by the end of the year. He also expands at least three publicly traded corporations to issue their own cryptocurrencies in 2018, writes CNBC, citing Lee's Feb. 28 Fundstrat report.

Lee's price prediction reiterates comments he made in early January 2018, predicting Bitcoin could "easily double" this year.

Despite BTC now trading at almost 53 percent of its December, 2017 high of over $ 20,000 – around $ 10,700 at press time according to CoinMarketCap – Lee maintains his $ 25,000 prediction for 2018.

In his report, Lee also commented on the phenomenon of traditional corporations creating internal cryptocurrencies, stating: [19459003