Bitmine Acquires $75 Million Worth of Ether as Tom Lee Notes Institutional Crypto Underweight
Bitmine, the premier treasury firm that specializes in Ethereum, has announced a significant acquisition of Ether amounting to $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. In a recent interview, Bitmine’s chairman, Tom Lee, highlighted that despite the recent surge in Ethereu…
Sept. 21, 2026, 1:11 p.m.