Shares of BitMine Immersion Technologies and Strategy fell nearly 10% amid significant drops in Bitcoin and Ethereum prices. BitMine recently made substantial Ethereum purchases, holding about 3.5% of the total ETH supply, while Strategy added heavily to its Bitcoin treasury, now worth about $60 billion. The declines followed market concerns stemming from a stalled U.S. government funding bill and fears of an AI bubble after Microsoft’s stock plunge.
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[IMPORTANT] Stocks of BitMine and Strategy Drop Sharply Amid Bitcoin and Ethereum Price Slumps
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