According to Tom Lee, former Chief Equity Strategist at JPMorgan and current Head of Research at Fundstrat Global Advisors, while February's market performance may have felt like a bear market, the data suggests otherwise. Lee noted in a television interview last Friday that the S&P 500 fell only about 1% in February, which hardly qualifies as a true bear market decline. He believes investor anxiety stems more from uncertainty in the artificial intelligence sector rather than underlying economic weakness. Lee emphasized that AI development continues to accelerate, with both the U.S. and China positioned as key creators and beneficiaries. He suggested that much of the prevailing pessimism reflects speculation about an economic downturn rather than actual deterioration. "I expect March to be a month of improvement," Lee stated, adding that he sees no clear signs of an economic slowdown. In the cryptocurrency space, Bitmine Immersion Technologies recently reported increasing its Ethereum (ETH) holdings by 51,000 tokens, bringing its total to approximately 4.47 million. Lee, who serves as Chairman of Bitmine, described the current market environment as a "minor crypto winter" but emphasized the company remains focused on systematically executing its capital management strategy. "We will continue to steadily implement our capital management approach, consistently acquiring Ethereum to optimize returns on our holdings," he said. As part of its long-term development plan, Bitmine is building its "Made in America Validator Network" (MAVAN), a staking platform expected to launch in early 2026.