BMNR is trading at $19.17 (-3.91%) as a weekend crypto crash triggers significant unrealized losses and leadership uncertainty.
- Ethereum declined 3.09% to $1,949.57, resulting in $6.8 billion in unrealized losses for chair Tom Lee and a double-digit pre-market slide.
- Recent leadership transitions and an ESOP filing have intensified selling pressure amid persistent market weakness.
- While crypto whales are reportedly accumulating, overall sentiment remains bearish as the broader downturn continues.