Why Bitmine Immersion Technologies Collapsed 24.4% This Week
The cryptocurrency investment company is falling along with its favored Ethereum coin.Shares of Bitmine Immersion Technologies (BMNR +0.08%) slipped 24.4% this week, according to data from S&P Global Market Intelligence. With a recent business model change to a cryptocurrency treasury company focused on buying Ethereum, Bitmine Immersion stock has suffered along with the rest of the cryptocurrency market this week. In fact, as of the market close, it looks like the stock now trades at a price below the mark ...