Bitmine (BMNR) stock dips after company says crypto-and-cash holdings hit $14.2 billion
Bitmine Immersion Technologies shares fell 2.1% to $32.65 Tuesday after the company disclosed $14.2 billion in crypto and cash holdings, led by 4.144 million ether. Investors face a Jan. 14 proxy deadline ahead of a Jan. 15 vote on raising authorized shares. Ether traded near $3,242. Trading volume in BMNR reached about 34 million shares.