Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's View That Institutions Remain Under‑Weighted on Crypto
Bitmine, widely recognized as the pre‑eminent treasury firm that concentrates its holdings 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 strategist Tom Lee, continue to argue that institutional investors have yet to allocate a p…
Sept. 21, 2026, 1:11 p.m.