Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's View That Institutions Remain Underweight on Crypto
Bitmine, the foremost treasury firm that concentrates its assets on Ethereum, announced a significant acquisition of Ether valued at $75 million. This move underscores the firm’s ongoing confidence in the long‑term prospects of the Ethereum network, even as broader market sentiment remains cautious. The company’s chairman, a well‑known commentator on digital assets, recently highlighted that the …
Sept. 21, 2026, 1:11 p.m.