Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underexposed to Crypto
Bitmine, the leading treasury firm that specializes in Ethereum assets, has announced a significant purchase of Ether amounting to $75 million. This move comes at a time when market analyst Tom Lee has reiterated his view that institutional investors are still generally underweight when it comes to cryptocurrency exposure. Lee’s assessment suggests that, despite growing interest, many large finan…
Sept. 21, 2026, 1:11 p.m.