Bitmine Purchases $75 Million of Ether Amid Tom Lee’s Claim That Institutions Remain Under‑Weighted on Crypto
Bitmine, the world’s largest treasury firm dedicated to Ethereum, has once again demonstrated its confidence in the digital asset by acquiring an additional $75 million worth of ether. This sizable purchase comes at a time when market analysts, including veteran trader Tom Lee, are emphasizing that institutional investors are still relatively under‑exposed to the broader cryptocurrency market, es…
Sept. 21, 2026, 1:11 p.m.