BitMine (BMNR) stock slides after $200 million Beast Industries deal as share-vote comes due
BitMine Immersion Technologies shares fell nearly 3% to $31.67 Thursday after announcing a $200 million equity stake in Beast Industries, led by YouTube star MrBeast. Investors will vote at the Las Vegas annual meeting on whether to approve a major increase in authorized shares, as the company warned it is running low on stock to issue.