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Save your seatBMNR faded from roughly $24.11 on April 17, 2026 to $19.33 now as the NYSE uplisting and $4 billion buyback buzz cooled, even with the company still pitching its huge Ethereum treasury.
A failure to hold $18.40 could see a retrace toward $16 to $17. Any drop in Ethereum, or more selling after the last crypto treasury update, would accelerate the downside.
If BMNR holds the $18.40 to $19.00 area and reclaims the 20-day trend line near $20.70 on volume, a push back toward $22 to $24 is on the table. Resistance near $19.56 is the first hurdle, then the 50-day area around $21.24 to $21.51 matters.
We don't currently have information about BitMine Immersion Technologies Inc.'s earnings.