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Window Dressing

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Bitmine Buys $43M in Ether as Tom Lee Blames Quarter-End Rebalancing
NEWSJUN 29, 2026
Bitmine Buys $43M in Ether as Tom Lee Blames Quarter-End Rebalancing
Bitmine Immersion Technologies added 27,084 ether last week in a $43 million purchase that lifted its ETH holdings to 5.7 million tokens. Chairman Thomas Lee said quarter-end window dressing helped drive recent weakness in bitcoin and ether.