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BitMine Shares Slip 7.1% Amid $1.1 Billion Selloff That Scrutinizes Ethereum Treasury Discount

Summary by ts2.tech
NORWALK, Connecticut, August 28, 2026, 19:55 (EDT) BitMine ended the session at $23.80, falling 7.14%, with 51.39 million shares traded.The drop wiped out roughly $1.10 billion in equity value.The closing price on Friday suggested about a 3.2% discount compared to listed disclosed treasury assets. BitMine Immersion Technologies (NYSE American: BMNR) dropped 7.14% on Friday, wiping…
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ts2.tech broke the news on Saturday, August 29, 2026.
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