{"id":59374,"date":"2025-11-19T21:16:37","date_gmt":"2025-11-19T21:16:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59374"},"modified":"2025-11-19T21:16:37","modified_gmt":"2025-11-19T21:16:37","slug":"bitmine-immersion-technologies-bmnr-stock-slides-wednesday-as-bitcoin-breaks-below-90000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59374","title":{"rendered":"BitMine Immersion Technologies (BMNR) Stock Slides Wednesday As Bitcoin Breaks Below $90,000"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies Inc. <a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>)<\/strong> shares are trading lower on Wednesday afternoon, pressured by a broader downturn in the cryptocurrency sector as <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) falls below the $90,000 level. Here\u2019s what investors <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/11\/48960652\/bitcoin-loses-90000-as-ethereum-xrp-dogecoin-crash-9-on-bear-market-fears\">need to know<\/a>.<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>BMNR stock is struggling to find support. <a href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noreferrer noopener\">See the full story here.<\/a><\/strong><\/li>\n<\/ul>\n<p><strong>What To Know:<\/strong> The decline highlights the stock\u2019s high correlation to <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/11\/48901601\/whats-going-on-with-bitmine-immersion-technologies-bmnr-stock\">digital asset prices<\/a>, driven by its aggressive treasury strategy. BitMine recently disclosed that its crypto and cash holdings have grown to $11.8 billion, solidifying its position as the largest single <strong>Ethereum<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) holder. <\/p>\n<p>The company currently holds over 3.55 million Ethereum tokens, representing 2.9% of the total ETH supply, and is pursuing a long-term goal of acquiring &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/11\/48961970\/bitmine-immersion-technologies-bmnr-stock-slides-wednesday-as-bitcoin-breaks-below-90000?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"BitMine\" immersion technologies stock slides wednesday as bitcoin breaks below>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies Inc. (NYSE:BMNR) shares are trading lower on Wednesday afternoon, pressured by a broader downturn in the cryptocurrency sector as Bitcoin (CRYPTO: BTC) falls below the $90,000 level. Here\u2019s what investors need to know. BMNR stock is struggling to find support. See the full story here. What To Know: The decline highlights the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59374","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59374"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59374\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}