
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