BMNR Stock Drops as Bitmine Approaches Major ETH Milestone

TLDR BMNR stock declined to $23.85 despite Bitmine acquiring another 12,532 ETH during the previous week. Bitmine’s Ethereum holdings reached 6,028,946 tokens, worth approximately $15.3 billion at its reported reference price. The company now controls roughly 4.9% of Ethereum’s stated supply, approaching its 5% accumulation target. Ethereum fell 1.5% to $2,505.74 as broader market weakness [...]

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