Ethereum-Treasury Giant Faces Dilution Vote as Crypto Slides in Today’s Market
As of 1:52 p.m. Eastern Time (New York) on Friday, December 26, 2025, U.S. markets are open and trading in a post-holiday, year-end setting where liquidity can be thinner and crypto-linked equities often swing harder than the broader tape.
BitMine Immersion Technologies, Inc. (NYSE American: BMNR) is once again acting less like a conventional operating company and more like a publicly traded Ethereum balance sheet—with investors trying to price a massive ETH treasury, a controversial share-authorizations vote, and the company’s plan to turn “stored ETH” into yield via staking in 2026.
BMNR today: down with ETH while the broader market goes sideways
BMNR was trading around $28.54 in the early afternoon, down about 2.8% on the day,…
