Today: 30 June 2026
Browse Category

NYSE:BITM 30 January 2026 - 17 May 2026

Bitmine Faces $13.4B Ether Position Into Monday After Weekend Drop

Bitmine Faces $13.4B Ether Position Into Monday After Weekend Drop

Bitmine Immersion Technologies is on the back foot at the start of the week after shares sold off hard on Friday. Traders are watching its big Ethereum stake as the token fell over the weekend. The stock settled at $19.87 on Friday, dropping 9.7% as it wrapped the week off 10.4%. After hours, shares were flat near $19.82. Volume was high with close to 49.7 million shares traded.

Stock Market Today

  • Sage Group Target Cut to £10.79 as Analysts Disagree on Growth Path
    June 30, 2026, 9:12 AM EDT. The fair value target for Sage Group (LSE:SGE) is lowered to £10.79 from £11.40, down 5%. Analyst price targets are split, going from 900 GBp at Deutsche Bank up to 1,165 GBp at Peel Hunt, showing disagreement on growth and valuation. Revenue growth forecast dips to 8.54%. Net margin is now seen at 17.40%. Sage's forward P/E gets cut to 20.56x. Bulls point to Sage's AI products and expansion, while others stay cautious. Investors watching for more on Sage's new products and strategy.
Go toTop