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Benzinga
Benzinga
Business
Erica Kollmann

Bitmine Stock Tumbles As Bitcoin Drops, ETH Plunges Below $4,000

BitMine COIN Bitcoin BMNR BitMine Immersion BitMine Immersion Technologies Crypto Ethereum
Ethereum.Burning.Shutterstock

Bitmine Immersion Technologies, Inc. (AMEX:BMNR) shares tumbled on Thursday, erasing an entire month’s worth of gains, as cryptocurrencies fell below key levels.

However, Tom Lee‘s Ethereum (CRYPTO: ETH) treasury company maintained gains of nearly 600% since its June debut.

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