Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion
Yahoo Finance·2026-02-06 03:08

Shares in publicly traded Ethereum treasury firm BitMine Immersion Technologies (BMNR) have fallen 11% on Thursday to trade at a seven-month low price as unrealized losses from its ETH holdings purchases hit approximately 8billion. BMNRrecentlychangedhandsaround8 billion.  BMNR recently changed hands around 18.05, its lowest mark since its July ascent amid news the company was shifting its focus to accumulating ETH. At that time, trading of BMNR shares was halted multiple times due to volatility, ultimately ending the day with more than a 400% ...

Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion - Reportify