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NASDAQ:BITM News 29 December 2025 - 3 February 2026

Bitmine Immersion stock slides as $10.7 billion crypto stash keeps Ethereum bet in focus

Bitmine Immersion stock slides as $10.7 billion crypto stash keeps Ethereum bet in focus

New York, Feb 3, 2026, 11:23 a.m. ET — Regular session Bitmine Immersion Technologies shares dropped 1.9%, closing at $22.37 on Tuesday, continuing a decline following the company’s recent update revealing a $10.7 billion blend of crypto and cash in its operations. The timing is key since the stock has acted almost like a high-beta stand-in for ether, the Ethereum…
3 February 2026
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Bitmine stock in focus before Monday’s open as crypto prices firm and dividend date arrives

Bitmine stock in focus before Monday’s open as crypto prices firm and dividend date arrives

NEW YORK, December 29, 2025, 01:47 ET — Market closed Bitmine Immersion Technologies, Inc. shares last closed at $28.31 on Friday, down 3.5%, after swinging between $27.92 and $29.96 in the session, market data showed. Investing The stock has become a high-beta proxy for crypto prices because the company holds large amounts of ether — the token that powers the…
29 December 2025
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Stock Market Today

  • Bitcoin Hits 15-Month Low as Crypto and Stock Markets Slide Amid U.S. Shutdown
    February 3, 2026, 3:02 PM EST. Bitcoin plunged to a 15-month low of $73,111, extending its weekly slide beyond 15%, amid broad declines in both crypto and traditional markets. The S&P 500 and Nasdaq Composite fell 1.41% and 2.22%, dragged down by tech stocks including PayPal, which dropped over 19% post-earnings. Crypto peers Ethereum and Solana suffered sharper losses of 9.6% and 7.1%, falling below last year's lows. Bitcoin led with nearly $234 million in long liquidations over 24 hours, totaling $659 million liquidated in crypto. Analysts warn of further downside, with Bitcoin possibly retesting its 200-week moving average near $58,000 amid structural weaknesses and lack of catalysts. Contrastingly, gold surged to record highs above $5,600 an ounce, challenging Bitcoin's narrative as a digital safe-haven amid ongoing U.S. government shutdown risks.
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