BitMine Immersion Technologies Inc. (BMNR) saw its stock price plummet by 9.24% during the night session, as the broader crypto market experienced a significant downturn.
The decline was part of a wider sell-off in crypto-related stocks, with other major players like Hut 8, ETHZilla, and Canaan also posting substantial losses. The downturn reflects heightened volatility and negative sentiment in the cryptocurrency sector.