Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, a prominent treasury operation that concentrates its assets on Ethereum, recently announced a substantial acquisition of Ether valued at $75 million. This move underscores the firm’s ongoing confidence in the long‑term prospects of the Ethereum network, even as broader market sentiment remains cautious. The company’s chairman, a vocal advocate for digital assets, highlighted that the str…
Sept. 21, 2026, 1:11 p.m.