Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Under‑Weighted on Crypto
Bitmine, the most prominent treasury operation dedicated to Ethereum, has recently announced a substantial 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 keeping their exposure to digital assets, particularly cryptocurrencies, on the lower side of their risk allocations. Bitmine’s agg…
Sept. 21, 2026, 1:11 p.m.