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Bitmine Immersion Technologies' Ethereum Holdings and Stock Performance Under Scrutiny
ByAinvest
Thursday, Nov 6, 2025 9:06 am ET1min read
Bitmine Immersion Technologies (BMNR) controls 2.8% of Ethereum's circulating supply and aims to reach 5%. The company's stock crashed from $63 to $40 during the recent crypto flash crash, leaving it with over $1.3B in unrealized losses. BMNR's performance is entirely dependent on Ethereum's volatile price movements.
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