Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, the prominent treasury operation that specializes in Ethereum assets, has announced a significant purchase of Ether valued at $75 million. This move comes at a time when market analysts, including well‑known financial commentator Tom Lee, are emphasizing that institutional investors are still generally underweight when it comes to digital currencies. Lee’s assessment suggests that, despi…
Sept. 21, 2026, 1:11 p.m.