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ORBS News4 articles
Bitmine Trades Below Asset Value Despite Russell 1000 Inclusion
Bitmine (BMNR) trades at a 36% discount to its $9.8 billion asset base after Russell 1000 inclusion. Market cap is $6.27 billion.
BitMine Stock Discount Widens as Crypto Drop Tests Index Inclusion Impact
BitMine stock closed Friday at $13.56, 21% below its reported holdings value, as ether's drop and Russell 3000 inclusion pressure the discount.
Bitmine Stock Slides as Ether Decline Slashes Crypto Holdings Value
Bitmine (BMNR) shares fell 4.4% to $13.40 as ether's decline reduced its ETH holdings by $921M, trading 19% below adjusted asset value.
Bitmine Shares Dip on $75M Eightco Investment as Ether Strategy Expands
Bitmine Immersion Technologies shares declined 3% Thursday after the company committed $75 million to lead a $125 million funding round for Eightco Holdings. The move comes as Bitmine continues to emphasize its ether treasury strategy while expanding into AI and blockchain infrastructure.