BMNR closed November 26, 2025 at $31.74, up 9.79% from the prior session, continuing a recovery pattern after bouncing off support near $25 earlier in the week.[1] The rebound aligns with broader cryptocurrency strength, as Ethereum gained 1.94% to $3,027.45 and Bitcoin surged 3.17% to $90,370, supporting sentiment around digital asset holdings.[1][2] BitMine's aggressive Ethereum accumulation strategy—now holding 3.63 million ETH (approximately 3% of total supply) with a goal to reach 5%—remains the core investment thesis, though the company carries over $4 billion in unrealized losses at current valuations.[2][3] The stock's 46.1% decline over the past 30 days reflects crypto market volatility and valuation concerns, but recent price action suggests technical recovery attempts as the company prepares to launch its Made-in-America Validator Network (MAVAN) staking infrastructure in early 2026.[3]