Stock Track | BitMine Immersion Technologies (BMNR) Plunges 8.53% Pre-market Amid Crypto Market Downturn

Stock Track

Oct 14, 2025

BitMine Immersion Technologies Inc. (BMNR) is facing a significant setback in pre-market trading on Tuesday, with its stock price plummeting 8.53%. This sharp decline comes as the broader cryptocurrency market experiences a substantial downturn, putting pressure on crypto-related stocks across the board.

The primary catalyst for BMNR's pre-market plunge appears to be the overall weakness in the crypto market. Bitcoin, the leading cryptocurrency, has fallen to $113,000, while Ethereum has dropped to $4,100. These significant price reductions in major digital assets have triggered a ripple effect across the entire crypto stock sector, with several companies experiencing similar downturns.

BMNR's performance aligns with the broader trend observed in the crypto stock market. Other notable declines include Canaan, which fell 7% in overnight trading, while BTCS dropped 5% alongside BMNR. Additionally, SBET decreased by 4%, with MARA and BTBT both seeing 3% reductions. This widespread decline underscores the interconnected nature of cryptocurrency-related stocks and their sensitivity to movements in major digital asset prices, leaving investors cautious about the sector's short-term prospects.

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(BMNR) is facing a significant setback in pre-market trading on Tuesday, with its stock price plummeting 8.53%. This sharp decline comes as the broader cryptocurrency market experiences a substantial downturn, putting pressure on crypto-related stocks across the board.</p>\n\n<p>The primary catalyst for BMNR's pre-market plunge appears to be the overall weakness in the crypto market. Bitcoin, the leading cryptocurrency, has fallen to $113,000, while Ethereum has dropped to $4,100. These significant price reductions in major digital assets have triggered a ripple effect across the entire crypto stock sector, with several companies experiencing similar downturns.</p>\n\n<p>BMNR's performance aligns with the broader trend observed in the crypto stock market. Other notable declines include Canaan, which fell 7% in overnight trading, while BTCS dropped 5% alongside BMNR. Additionally, SBET decreased by 4%, with MARA and BTBT both seeing 3% reductions. 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(BMNR) is facing a significant setback in pre-market trading on Tuesday, with its stock price plummeting 8.53%. This sharp decline comes as the broader cryptocurrency market experiences a substantial downturn, putting pressure on crypto-related stocks across the board.</p>\n\n<p>The primary catalyst for BMNR's pre-market plunge appears to be the overall weakness in the crypto market. Bitcoin, the leading cryptocurrency, has fallen to $113,000, while Ethereum has dropped to $4,100. These significant price reductions in major digital assets have triggered a ripple effect across the entire crypto stock sector, with several companies experiencing similar downturns.</p>\n\n<p>BMNR's performance aligns with the broader trend observed in the crypto stock market. Other notable declines include Canaan, which fell 7% in overnight trading, while BTCS dropped 5% alongside BMNR. Additionally, SBET decreased by 4%, with MARA and BTBT both seeing 3% reductions. This widespread decline underscores the interconnected nature of cryptocurrency-related stocks and their sensitivity to movements in major digital asset prices, leaving investors cautious about the sector's short-term prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMNR","symbol_name":"BitMine Immersion Technologies Inc.","start_time":0,"source_url":"","article_id":"1146069924","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146069924","pubTimestamp":1760429116,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"BitMine Immersion Technologies Inc. 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