Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Assertion That Institutions Remain Underweight on Crypto
Bitmine, recognized as the foremost treasury operation centered on 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, most notably Tom Lee, are emphasizing that institutional investors continue to hold a relatively modest stance toward cryptocurrency exposu…
Sept. 21, 2026, 1:11 p.m.