Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Under‑Weighted on Crypto
Bitmine, widely recognized as the largest treasury operation dedicated exclusively to Ethereum, has once again demonstrated its confidence in the digital asset by purchasing an additional $75 million worth of ether. This move comes at a time when market analysts, including prominent commentator Tom Lee, maintain that institutional investors are still generally under‑weight when it comes to crypto…
Sept. 21, 2026, 1:11 p.m.