Bitmine Acquires $75 Million Worth of Ether as Tom Lee Highlights Ongoing Institutional Under‑weighting of Crypto
Bitmine, the world’s largest treasury firm dedicated to Ethereum, has once again demonstrated its confidence in the digital asset by purchasing an additional $75 million worth of ether. This move comes amid a broader market narrative that institutional investors remain cautious, or even under‑weight, when it comes to allocating capital to cryptocurrencies. The firm’s chairman, Tom Lee, a well‑kno…
Sept. 21, 2026, 1:11 p.m.