Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutional Investors Remain Underweight on Crypto
Bitmine, widely recognized as the premier treasury firm that concentrates its assets on Ethereum, has announced a substantial acquisition of Ether amounting to $75 million. This move underscores the firm’s confidence in the long‑term prospects of the Ethereum network, even as broader market sentiment among institutional investors remains cautious. The company’s chairman, a well‑known figure in th…
Sept. 21, 2026, 1:11 p.m.