🔴 BMNR is trading 3.3% down today as Ethereum-heavy treasury tracks crypto sell-off

BMNR is trading at $18.83 (-3.28%) as a broader crypto sell-off pressures the company's Ethereum-heavy treasury.

• Bitcoin and Ethereum have fallen 1.68% and 1.88% respectively since the last close, weighing heavily on the company's digital asset holdings.
• Downside momentum is being amplified by massive unrealized ETH losses exceeding $6.8 billion for chair Tom Lee.
• The stock continues to track crypto volatility following a 3.1% pre-market drop yesterday, which was triggered by significant declines in BTC and ETH.