BMNR is trading at $19.80 (-3.27%) as a broader crypto market sell-off pressures digital asset-related stocks.
- Bitcoin has dropped 3.49% to $68,489.87, while Ethereum fell 4.47% to $2,014.96, weighing on the immersion tech miner's valuation.
- No company-specific negative news was reported; the decline follows a positive Feb. 8 update regarding $10B in total holdings (4.3M ETH at $2,125).
- The stock's recent momentum is currently overshadowed by Ethereum retreating from its 2025 highs.