Bitmine purchases $75 million of ether as Tom Lee notes institutions remain underweight on crypto
Bitmine, the world’s most prominent treasury operation dedicated to Ethereum, has once again demonstrated its confidence in the digital asset by acquiring roughly $75 million worth of ether. This sizeable purchase comes at a time when market analysts, including veteran strategist Tom Lee, are observing that many institutional investors still maintain a cautious stance toward cryptocurrency, keepi…
Sept. 21, 2026, 1:11 p.m.