Home BlockchainBitMine Chairs Feature, Not a Bug Theory Fails to Pull Buyers as BMNR Resumes 30% Fall

BitMine Chairs Feature, Not a Bug Theory Fails to Pull Buyers as BMNR Resumes 30% Fall

by Vivek Kumar
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BitMine Holdings

BMNR stock price remains under pressure in early February as selling continues across crypto-linked equities. The stock is down nearly 25% over five days and more than 33% over one month, trading around $22.35.

While management defended recent crypto-led paper losses as part of a long-term strategy, market data suggests technical weakness is still driving investor behavior. And increasingly driving them away, despite a novel defense from BitMine Chairman, Tom Lee.

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