Exchanges· ★★★· bullish·

Bitmine buys $75M in ether as Tom Lee says institutions remain underweight crypto

  • Bitmine purchased $75 million in ETH, expanding its treasury holdings
  • Tom Lee says institutions remain underweight crypto
  • Ether's strong Q3 could push institutions to raise exposure
Why it matters: Continued buying by the largest ETH treasury firm supports demand and signals confidence in institutional inflows.
Source: CoinDesk