Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, a prominent treasury firm that specializes in Ethereum assets, has once again demonstrated its confidence in the digital currency by purchasing an additional $75 million worth of ether. This significant acquisition comes at a time when market analysts, such as Tom Lee, are emphasizing that institutional investors are still generally underweight when it comes to exposure to the broader cr…
Sept. 21, 2026, 1:11 p.m.