Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, recognized as the premier treasury operation that concentrates on 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, most notably Tom Lee, have voiced the opinion that institutional investors continue to hold a relatively modest position in the broader cryptocurr…
Sept. 21, 2026, 1:11 p.m.