Bitmine (BMNR) stock slides as $14.2B crypto stash update meets dilution vote deadline
Bitmine Immersion Technologies shares dropped 4.3% to $30.94 Wednesday after the company reported $14.2 billion in crypto and cash holdings, led by 4.14 million ether. Investors face a Jan. 14 deadline to vote on a proposal to increase authorized shares ahead of the Jan. 15 annual meeting. Ether fell 2.5% and bitcoin slipped 1.1%.