Bitmine acquires $75 million of Ether as Tom Lee observes institutions remain underweight on crypto
Bitmine, a prominent treasury management firm that specializes in Ethereum‑based assets, recently announced a substantial purchase of Ether worth approximately $75 million. This acquisition underscores the firm’s ongoing confidence in the long‑term prospects of Ethereum, even as broader market sentiment remains cautious. The move comes at a time when prominent market analysts, such as Tom Lee, ar…
Sept. 21, 2026, 1:11 p.m.