Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, recognized as the world’s largest treasury firm dedicated exclusively to Ethereum, has once again demonstrated its confidence in the digital asset by purchasing an additional $75 million worth of ether. This substantial acquisition comes at a time when market analysts, including well‑known financial commentator Tom Lee, maintain that institutional investors are still generally underweigh…
Sept. 21, 2026, 1:11 p.m.