🔴 BMNR is trading 3.3% down today amid weak crypto market and post-AGM profit-taking

BMNR is trading at $29.85 (-3.3%), extending yesterday's drop amid soft crypto sentiment and continued profit-taking following the recent $200M Beast Industries investment announcement.

• The current move extends yesterday's -5.5% drop, which saw shares fall from $32.66 to $30.87.
• Shares follow soft sector sentiment, despite BTC (+0.24%) and ETH (+0.55%) showing minimal 24-hour gains.
• Profit-taking was exacerbated by no-shows from key speakers (like Vitalik Buterin) at the recent AGM, though B.Riley maintains a Buy rating with a $47 target.