Affected by the overall cryptocurrency crash, BitMine and Strategy stocks plummeted.

According to a report by Bijie Network: Affected by the overall market downturn, BitMine Immersion Technologies (BMNR), which focuses on Ethereum, and an exchange heavily invested in Bitcoin both saw their stock prices drop nearly 10% on Thursday, closing at $26.70 and $143.19 respectively. This decline coincided with large-scale Ethereum purchases by both companies: BitMine acquired $116 million worth of Ethereum this week, bringing its total holdings to approximately $11.9 billion; the exchange increased its Bitcoin holdings by $267 million last week, raising its total holdings to about $60 billion. Meanwhile, Bitcoin fell more than 5% to around $84,416, and Ethereum dropped 6.6% to $2,816, with market sentiment impacted by concerns over U.S. fiscal issues and volatility in tech stocks.