Bitmine records largest ether purchase since June

Treasury firm Bitmine made its largest ether purchase since June, according to Chairman Tom Lee, who said crypto's recent outperformance could draw more institutional investors. Lee pointed to a strong Q3 outlook for the market as the company stepped up its accumulation. The purchase continues Bitmine's pattern of periodic ETH buys and follows Lee's earlier calls that rising Ether momentum could signal a larger move ahead.