Bitmine Acquires $75 Million in Ether as Tom Lee Observes Institutional Crypto Underweight
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 narrative in the financial sector that institutions remain cautious, or "underweight," when it comes to allocating capital to cryptocurrencies. Tom Lee, a prominent market strategist…
Sept. 21, 2026, 1:11 p.m.