BitMine Immersion Technologies ($BMNR) is accelerating its push to build a massive Ethereum (ETH) treasury, but the market is not rewarding the strategy. Shares slid sharply in the latest session, underscoring the widening disconnect between the company’s growing crypto balance sheet and investor confidence in the underlying business model.
On Thursday U.S. Eastern Time (ET), BitMine closed at $15.69 on the New York Stock Exchange after touching an intraday low of $14.67. The stock remains far below its 52-week high of $71.74 and extended losses in premarket trading Friday, falling another… Read more
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