Bitmine Acquires $75 Million in Ether Amid Tom Lee’s Claim That Institutions Remain Underweight on Crypto
Bitmine, the world’s largest treasury firm dedicated to Ethereum, has once again demonstrated its confidence in the digital asset by purchasing an additional $75 million worth of ether. This sizable acquisition comes at a time when market analysts, notably veteran commentator Tom Lee, are emphasizing that institutional investors are still relatively cautious and under‑exposed to the broader crypt…
Sept. 21, 2026, 1:11 p.m.