Cryptocurrency21 Sept 2026SEO 801 min read

Analysis: Bitmine bought $75 million ether as Tom Lee says institutions are still underwe…

The largest Ethereum-centric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto exposur…

The largest Ethereum-centric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto exposure. Bitmine purchased 27,562 ETH last week, worth about $75.2 million at Monday’s price of $2,727, continuing its accumulation streak. Chairman Tom Lee said said institutional investors remain “underweighted” crypto and expects them to increase exposure during the final three months of 2026. Bitmine Immersion Technologies BMNR $ 27.47 · Ma…

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