Bitmine Acquires $75 Million Worth of Ether Amid Tom Lee's Claim That Institutions Remain Underweight on Crypto
Bitmine, the premier treasury operation 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 sizeable acquisition comes at a time when market analysts, most notably Tom Lee, have been vocal about the prevailing sentiment among institutional investors: that they remain underweight on c…
Sept. 21, 2026, 1:11 p.m.