BMNR stock fell 7.51% to $18.77 during the open market session, pressured by a broader crypto market sell-off that saw both Ethereum (-6.18% to $2,025.64) and Bitcoin drop significantly.
- The company recently disclosed substantial holdings, including 4.285 million ETH (representing 3.55% of the total supply) and $586M in cash, contributing to $10.7B in total assets.
- Of the total holdings, 2.87 million ETH are currently staked, generating an estimated annualized revenue of $188 million.