Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutional Investors Remain Underweight on Crypto
Bitmine, recognized as the preeminent treasury firm that concentrates its assets 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, including well‑known financial commentator Tom Lee, maintain that institutional investors are still generally underweight …
Sept. 21, 2026, 1:11 p.m.