New Era Energy & Digital is trading at $4.82, down 12.93%, as broad risk-off trading and a sharp crypto selloff coincide with the decline. - Bitcoin is down 3.58% and Ethereum 6.21% since the prior close; the Nasdaq is down 1.50%, pressuring risk-sensitive shares. - An October 7 SEC filing disclosed $118.3 million in cash collateral for a $116 million letter of credit, including $60 million borrowed; the filing does not establish this as the cause of the decline.