BitMine stock stays below reported crypto holdings after Russell inclusion; ETH drop pressures discount
U.S. stock markets were closed Sunday in New York. BitMine Immersion Technologies, Inc. will next trade in the first regular session after FTSE Russell’s June 26 reconstitution took effect after the U.S. market closed. FTSE Russell’s final Russell 3000 additions list shows “BITMINE IMMERSION TECHNO” with ticker BMNR in the technology sector. The clean trade is no longer only an “ETH proxy.” By Friday’s close, BMNR traded below an estimate of its disclosed holdings, despite this weekend’s further drop in ether. That discount is now a fact for investors. It shows the ma