Bitmine Immersion Technologies: Why Its Stock Fell 24.4% This Week and Whether to Buy
ByAinvest
Sunday, Nov 23, 2025 2:35 am ET1min read
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Bitmine Immersion Technologies stock fell 24.4% this week due to its significant investment in Ethereum, which has plummeted in price. The company's new business model focuses on buying Ethereum, but investing in the stock may not be necessary as investors can buy the cryptocurrency directly. With a market cap below the estimated value of its investments, the stock may not be a good investment.
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