BMNR is trading at $19.56 (-2.83%) in pre-market, tracking broader crypto softness as major digital assets move lower.
- The decline follows Friday's $20.13 close, with ETH down 1.35% since the last session to $1,915.75 and BTC dropping 1.77% to $66,216.
- Institutional interest remains a key support factor, with recent buying reported from Morgan Stanley, Goldman Sachs, BlackRock, and ARK Invest.
- The company has reached 72.3% of its goal to own 5% of all ETH, though current market volatility continues to weigh on crypto-linked stocks.