Bitmine Acquires $75 Million Worth of Ether as Tom Lee Highlights Continued Institutional Underweight on Crypto
Bitmine, recognized as the leading treasury operation that concentrates on Ethereum, has recently announced a substantial acquisition of ether valued at $75 million. This move underscores the firm’s ongoing confidence in the long‑term prospects of Ethereum, even as many institutional investors remain cautious about expanding their exposure to digital assets. The firm’s chairman, Tom Lee, a well‑k…
Sept. 21, 2026, 1:11 p.m.