BitMine Stock Drops 37% — Can a $392 Million Ethereum (ETH) Bet Spark a Winter Rebound?

BitMine Immersion Technologies’ stock has been under pressure, extending its decline after forming a market top in October. The Bitcoin miner’s price action mirrors previous cycles, where similar drops were followed by potential recoveries.   However, with investor inflows still weak, the question remains — can BitMine bounce back this winter? BitMine Is Acquiring Tokens The Chaikin Money Flow (CMF) indicator shows a sharp decline since late October, signaling sustained outflows from BitMine Immersion Technologies (BMNR). The company’s stock tends to mirror Bitcoin’s movements more closely than traditional equities source: https://beincrypto.com/bitmine-stock-analysis-bullish-for-winters/