Stock with largest Ethereum holdings slumps after short-seller attack

October 9, 2025

The BitMine Immersion Technologies (NYSE: BMNR) stock dipped more than 5% on Oct. 9 following a prominent investment firm’s decision to short-sell it. Chaired by Wall Street legend Tom Lee, Bitmine is the world’s largest Ethereum-focused digital asset treasury (DAT) firm. A DAT company refers …