Bitmine stock slips in premarket after $10 billion crypto-and-cash update puts ETH bet back in focus
Bitmine Immersion Technologies shares fell about 3% in premarket trading Monday after the company reported $10 billion in crypto and cash holdings, including 4.3 million ether tokens. The stock last closed at $20.47. Bitmine plans to launch its MAVAN staking network in Q1 2026. Traders are watching ether and bitcoin prices after a volatile week for crypto-linked stocks.