Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee’s Claim That Institutional Investors Remain Under‑Weighted on Crypto
Bitmine, a prominent player in the cryptocurrency treasury management space, recently disclosed that it has purchased approximately $75 million worth of Ether (ETH). This sizable acquisition underscores the firm’s ongoing confidence in Ethereum’s long‑term prospects, even as broader market sentiment remains cautious. Bitmine’s chairman, Tom Lee, a well‑known market analyst, has been vocal about h…
Sept. 21, 2026, 1:11 p.m.