Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, widely recognized as the premier treasury firm dedicated to Ethereum, recently announced a substantial 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. The purchase was highlighted in a recent commentary by Tom Lee, a well‑known market a…
Sept. 21, 2026, 1:11 p.m.