🔴 Bitmine Immersion is trading 3.7% down today after C-suite shakeup and recent dilution worries

BMNR is trading -3.7% down now at $30.11 as traders digest fresh leadership changes and recent capital-raising moves.

• Bitmine Immersion appointed Young Kim as both CFO and COO on January 9, 2026.
• The company is expanding its at-the-market equity offering.
• Management is seeking authorization for up to 50 billion shares to fund its Ethereum treasury strategy, which is weighing on sentiment due to dilution concerns.