Bitmine Immersion Technologies (BMNR) stock slips before the bell after it pegs crypto hoard at $9.9B
Bitmine Immersion Technologies shares fell 3.8% to $19.62 in premarket trading Tuesday after a 7.5% gain Monday. A new filing showed Bitmine held 4.47 million ether, 195 bitcoin, and $868 million in cash as of March 1. The company reported 3.04 million ether staked and $172 million in annualized staking revenue. Traders are watching crypto prices and the timeline for Bitmine’s MAVAN staking launch.