---
title: "Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds $43M of ETH"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291152055.md"
description: "Bitmine added another $43 million of ETH, while Fundstrat’s Tom Lee blamed broader crypto weakness on quarter-end “window dressing” as investors cut losses ahead of the second half of the year, according to CoinDesk. The report said Bitmine’s latest buy was its smallest purchase since early May."
datetime: "2026-06-29T13:09:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291152055.md)
  - [en](https://longbridge.com/en/news/291152055.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291152055.md)
generator: "portal-rs"
---

# Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds $43M of ETH

Bitmine added another $43 million of ETH, while Fundstrat’s Tom Lee blamed broader crypto weakness on quarter-end “window dressing” as investors cut losses ahead of the second half of the year, according to CoinDesk. The report said Bitmine’s latest buy was its smallest purchase since early May.

### Related Stocks

- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md)
- [BMNU.US](https://longbridge.com/en/quote/BMNU.US.md)
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- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [QETH.US](https://longbridge.com/en/quote/QETH.US.md)
- [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md)
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- [ETHT.US](https://longbridge.com/en/quote/ETHT.US.md)
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- [SETH.US](https://longbridge.com/en/quote/SETH.US.md)
- [YETH.US](https://longbridge.com/en/quote/YETH.US.md)

## Related News & Research

- [Bitmine Buys 28,086 ETH for $69.5 Million: Is $27 Next for BMNR?](https://longbridge.com/en/news/298342285.md)
- [Lido DAO: Stakely Launches First Public ETH Staking Vault on stVaults - 09 Sep 2026](https://longbridge.com/en/news/298486534.md)
- [Assessing how Ethereum’s 2027 upgrade could redefine ETH’s utility](https://longbridge.com/en/news/298377520.md)
- [Bitmine’s Ethereum holdings near 6M as crypto treasury hits $15.7B](https://longbridge.com/en/news/298329232.md)
- [Frameless Gallery Launches Ethereum NFT Display Platform for TokenFrame and Browser-Capable Screen](https://longbridge.com/en/news/298317836.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**