Bitmine Immersion (BMNR) stock slides 7.5% in premarket as ether drops; Beast deal looms
Bitmine Immersion Technologies shares fell 7.5% to $28.82 in premarket trading Tuesday after ether dropped 3.5% and bitcoin 2%. The company holds 4.17 million ether and 193 bitcoin, with $14 billion in crypto and cash assets as of January 11. Bitmine is finalizing a $200 million investment in Beast Industries linked to MrBeast. The firm plans to launch its MAVAN staking network in the first quarter.