Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Assertion That Institutional Interest Remains Low
Bitmine, a prominent treasury operation that concentrates its assets primarily on Ethereum, has recently announced a substantial acquisition of Ether valued at $75 million. This move underscores the firm’s continued confidence in the long‑term prospects of the Ethereum network, even as prominent market analysts like Tom Lee maintain that institutional investors are, at present, still under‑expose…
Sept. 21, 2026, 1:11 p.m.