Bitmine Acquires $75 Million Worth of Ether as Tom Lee Highlights Persistent Institutional Underweight in Crypto
Bitmine, the preeminent treasury management firm that specializes in Ethereum assets, recently disclosed that it has added another $75 million worth of ether (ETH) to its holdings. This move comes amid a broader narrative in the cryptocurrency market where institutional investors remain cautious, or “underweight,” when it comes to crypto exposure. Tom Lee, a well‑known market strategist, has repe…
Sept. 21, 2026, 1:11 p.m.