{"id":60975,"date":"2026-01-30T09:42:16","date_gmt":"2026-01-30T02:42:16","guid":{"rendered":"https:\/\/hbbgroup.net\/strategy-bitmine-stock-prices-dive-as-bitcoin-and-ethereum-sink\/"},"modified":"2026-01-30T09:42:16","modified_gmt":"2026-01-30T02:42:16","slug":"strategy-bitmine-stock-prices-dive-as-bitcoin-and-ethereum-sink","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/strategy-bitmine-stock-prices-dive-as-bitcoin-and-ethereum-sink\/","title":{"rendered":"Strategy, BitMine Stock Prices Dive as Bitcoin and Ethereum Sink"},"content":{"rendered":"<div>\n<div>\n<h4 color=\"#333\">In brief<\/h4>\n<ul>\n<li>Bitmine and Strategy stocks both dropped nearly 10% on Thursday amid government shutdown concerns.<\/li>\n<li>Bitmine holds $11.9 billion in Ethereum, while Strategy holds $about 60 billion in Bitcoin.<\/li>\n<li>Bitcoin hit a two-month low on Thursday, while Ethereum put up an even larger daily percentage dip.<\/li>\n<\/ul>\n<\/div>\n<p><span><a href=\"http:\/\/decrypt.co\/resources\/what-is-ethereum-quickly-explained-four-minute-guide\" target=\"_blank\">Ethereum<\/a><\/span> giant BitMine Immersion Technologies and top <span><a href=\"http:\/\/decrypt.co\/resources\/what-is-bitcoin-four-minute-instant-guide-explainer\" target=\"_blank\">Bitcoin<\/a><\/span> treasury Strategy and have seen their stocks slide amid a fresh round of investor worry, with both of their respective assets of choice both falling hard Thursday.<\/p>\n<p>Upon the close of markets on Thursday, BitMine, which trades under the <a href=\"https:\/\/finance.yahoo.com\/quote\/BMNR\/\" target=\"_blank\">BMNR<\/a> ticker on the Nasdaq, had shed nearly 10% and was changing hands for $26.70. BMNR dipped as low as $26.02 on the day, matching its $26.02 close on November 2, 2025.<\/p>\n<p>At the start of the week, Tom Lee&#8217;s BitMine made its <a href=\"https:\/\/decrypt.co\/355842\/tom-lee-bitmine-makes-biggest-ethereum-buy-so-far-2026\" target=\"_blank\">biggest buy yet in 2026<\/a> by acquiring $116 million worth of ETH. Since the start of the year, the company has made three other purchases: <a href=\"https:\/\/decrypt.co\/news-explorer?pinned=1287355&#038;title=tom-lees-ethereum-treasury-bitmine-buys-108-million-in-eth\" target=\"_blank\">$108 million<\/a>, <a href=\"https:\/\/decrypt.co\/354244\/tom-lee-bitmine-buys-76-million-ethereum-analysts-predict-outperforming-bitcoin\" target=\"_blank\">$76 million<\/a>, and <a href=\"https:\/\/decrypt.co\/353585\/tom-lee-predicts-250k-ethereum-price-bitmine-adds-13-billion-stash\" target=\"_blank\">$100 million<\/a>. The Ethereum treasury company now holds approximately $11.9 billion worth of ETH, or 3.5% of the total supply, according to a tracker maintained by price aggregator <a href=\"https:\/\/www.coingecko.com\/en\/treasuries\/ethereum\" target=\"_blank\">CoinGecko<\/a>.<\/p>\n<p>Meanwhile, Strategy saw its shares take a similar slide, reaching a lot not seen in more than a year. As of the close of trading, <a href=\"https:\/\/finance.yahoo.com\/quote\/MSTR\/\" target=\"_blank\">MSTR<\/a> had also fallen by nearly 10% and was changing hands for $143.19. Thursday&#8217;s low of $139.36 was the lowest price registered for MSTR since September 2024, according to Yahoo Finance data.<\/p>\n<p>The company, co-founded by chairman and outspoken Bitcoin bull Michael Saylor, added to its treasury on Monday, too. MSTR announced that it spent $267 million on Bitcoin last week. The 712,647 BTC in its treasury is now valued at approximately $60 billion at current prices.<\/p>\n<p>Thursday&#8217;s decline across both the equities and crypto markets came amid signs of potential turmoil. The U.S. Senate blocked a continuing resolution that would stave off a partial government shutdown on Thursday afternoon. Lawmakers have until Saturday to strike a deal. It also came as Microsoft&#8217;s stock plunge fueled lingering fears of an AI bubble.<\/p>\n<p>Bitcoin has fallen more than 5% on the day, recently trading for $84,416 after partially recovering from a daily low of $83,407. It&#8217;s still above the recent low it hit in late November, when it briefly dipped below $83,000 as a <a href=\"https:\/\/decrypt.co\/349447\/bitcoin-billionaire-dumps-entire-1-3-billion-btc-stash-14-years-arkham\" target=\"_blank\">BTC billionaire dumped their entire $1.3 billion stash<\/a> on the market. Ethereum, meanwhile, had slid to $2,816 and was trading 6.6% lower than it was yesterday, according to CoinGecko.<\/p>\n<p>The rocky price action has spurred users on Myriad, a prediction market platform owned by\u00a0<i>Decrypt<\/i> parent company Dastan, to up the odds that <a href=\"https:\/\/myriad.markets\/markets\/ethereum-next-move-pump-to-4k-or-dump-to-2-5k\" target=\"_blank\" rel=\"nofollow external noopener\">Ethereum will see $2,500<\/a> before it can climb back to $4,000. On Thursday, users predicting that the token will sink further increased their odds from 65% to more than 75%.<\/p>\n<div>\n<h3>Daily Debrief Newsletter<\/h3>\n<p>Start every day with the top news stories right now, plus original features, a podcast, videos and more.<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In brief Bitmine and Strategy stocks both dropped nearly 10% on Thursday amid government shutdown concerns. Bitmine holds $11.9 billion [&hellip;]<\/p>","protected":false},"author":5,"featured_media":60976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-60975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/60975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=60975"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/60975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/60976"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=60975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=60975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=60975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}