Bitmine acquires $75 million of Ether as Tom Lee observes that institutions stay underweight on crypto
Bitmine, the world’s largest treasury operation dedicated to Ethereum, has once again demonstrated its confidence in the digital asset by purchasing an additional $75 million worth of Ether (ETH). This move comes at a time when market analysts, such as veteran financial commentator Tom Lee, are pointing out that institutional investors remain relatively cautious, or “underweight,” when it comes t…
Sept. 21, 2026, 1:11 p.m.