BitMine Immersion: Tom Lee Calls An Ether Bottom, But I'm Not Convinced

2026-03-09 01:30:55 ET

Bitmine Immersion Technologies ( BMNR ) has fallen sharply since the now-notorious October 10 auto-deleveraging ("ADL") event. Over the past six months, BMNR has plunged 55%, closely tracking ether along the way. Both of those assets have lagged bitcoin, which is down 38% since early October, while the S&P 500 ETF ( SPY ) has returned 4%. ...

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