Source: BeInCrypto ↗
Tom Lee Says Institutions Are Still Underweight Crypto After Latest BitMine ETH Buy
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What the source reports
BitMine ETH holdings hit 5.98 million as Tom Lee bets on a Q4 rush. The market still prices his company below its coins. The post Tom Lee Says Institutions Are Still Underweight Crypto After Latest BitMine ETH Buy appeared first on BeInCrypto.
Read the original report on BeInCrypto ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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Tom Lee's Bitmine Adds $74M in Ethereum, Declares a Crypto Bull Market 'Underway'
The purchase lifts Bitmine's stash to nearly 5.99 million ETH—4.9% of supply—as chairman Tom Lee argues Ethereum's outperformance signals a stronger move ahead and institutions remain underweight.