---
title: "Bitmine Stock Tumbles As Bitcoin Drops, ETH Plunges Below $4,000"
description: "Bitmine Immersion Technologies, Inc. (AMEX:BMNR) shares fell 4.82% to $49.42 on Thursday, erasing a month of gains as cryptocurrencies dropped significantly. Ethereum fell below $4,000, down 5.27% in "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/258932044.md"
published_at: "2025-09-25T17:39:40.000Z"
---

# Bitmine Stock Tumbles As Bitcoin Drops, ETH Plunges Below $4,000

> Bitmine Immersion Technologies, Inc. (AMEX:BMNR) shares fell 4.82% to $49.42 on Thursday, erasing a month of gains as cryptocurrencies dropped significantly. Ethereum fell below $4,000, down 5.27% in 24 hours, while Bitcoin decreased by 2.23%. The decline in crypto prices has raised concerns about Bitmine's reliance on the digital asset market, leading to intensified selling pressure on crypto-linked stocks. Investor sentiment has shifted towards more defensive positions, highlighting the interconnectedness of crypto and equity markets.

**Bitmine Immersion Technologies, Inc**. (AMEX:BMNR) shares tumbled on Thursday, erasing an entire month’s worth of gains, as cryptocurrencies fell below key levels.

However, **Tom Lee**‘s **Ethereum** (CRYPTO: ETH) treasury company maintained gains of nearly 600% since its June debut.

-   *BMNR stock is down. See the real-time price action here.*

## Crypto Drops

Over the last five days, Bitmine stock has fallen more than 16% as crypto markets hit the brakes, with Ethereum dropping below the critical $4,000 level.

The correction highlights how closely traditional equities exposed to digital assets now track the fortunes of the underlying coins and the ongoing volatility in digital assets.

Ethereum was trading around $3,955, down 5.27% over the past 24 hours and down more than 11% over the past five days.

Bitmine’s price action mirrored Ethereum's sharp pullback, amplifying investor concerns about the company's reliance on crypto market momentum.

**Bitcoin** (CRYPTO: BTC) was down 2.23%, trading near $111,000, an important psychological level.

## Investor Sentiment

If crypto prices remain at or below these critical levels, it could intensify selling pressure and weigh further on Bitmine and other crypto-linked stocks, like **Strategy, Inc.** (NASDAQ: MSTR) and **Coinbase Global, Inc.**(NASDAQ: COIN).

Broader market sentiment also played a role in Bitmine’s downturn as investors rotated away from speculative plays and into more defensive positions.

Cryptocurrencies, often seen as speculative assets, are especially vulnerable during such periods.

The past five days have demonstrated just how interconnected the crypto and equity markets have become, with even modest digital asset price dips triggering significant moves in crypto-tied stocks, such as Bitmine Immersion.

**BMNR Stock Price:** Bitmine Immersion Technologies shares were down 4.82% at $49.42 on Thursday, according to data from Benzinga Pro.

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*Photo: Shutterstock*

### Related Stocks

- [BMNR.US - BitMine Immersion Tech](https://longbridge.com/en/quote/BMNR.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Ethereum price prediction: the bullish case for ETH amid the crypto winter | Ethereum's price has dropped from a peak of $4,960 to $1,980 this year, reflecting a broader downturn in the cryptocurre | [Link](https://longbridge.com/en/news/276309911.md) |
| Crypto crash: Could buying Ethereum on the dip make you a millionaire? | Investors who believe in Ethereum's fundamentals could use the recent turmoil in the crypto markets as a buying opportun | [Link](https://longbridge.com/en/news/276118155.md) |
| Ethereum Foundation update: Tomasz shares latest network progress | The Ethereum ecosystem continues to evolve at a rapid pace, and the Ethereum Foundation (EF) regularly shares progress u | [Link](https://longbridge.com/en/news/275981531.md) |
| BitMine Buys Record 45,759 ETH—Can It Stop BMNR Breaking Below $15 Support? | BitMine Immersion Technologies (NYSE:BMNR) purchased 45,759 Ethereum for over $90 million, marking its largest weekly ac | [Link](https://longbridge.com/en/news/276157782.md) |
| Ethereum supply hits 2017 lows – THESE 2 metrics suggest demand squeeze | Ethereum's exchange supply has decreased as holders prefer long-term positions, following the conclusion of token unlock | [Link](https://longbridge.com/en/news/276067690.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.