Bitmine Immersion stock pain not over: Will $11.6B ETH treasury revive sentiment?
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Bitmine Immersion Technologies (BMNR) stock fell 2% to $195.87, down 7.28% weekly and 26.81% YTD. The company holds 5.28M ETH valued at $11.6B, representing 4.37% of Ethereum's supply. Total assets amount to $12.6B, including Bitcoin and cash. Bitmine aims to own 5% of all ETH supply, supported by major investors.
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