Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee’s Warning That Institutions Remain Under‑Weighted on Crypto
Bitmine, the world’s largest treasury firm dedicated to Ethereum, announced a significant purchase of Ether valued at $75 million. This move underscores the firm’s confidence in the long‑term prospects of the Ethereum network, even as the broader institutional landscape remains cautious about allocating more capital to digital assets. The acquisition comes at a time when market analysts, includin…
Sept. 21, 2026, 1:11 p.m.