BitMine Immersion Technologies ($BMNR) has continued to trade in the high-$19 range despite aggressively expanding its Ethereum (ETH) staking operation, a disconnect that some Wall Street analysts say is creating a potential ‘buying opportunity’ as the company pivots from passive crypto exposure to fee- and reward-generating infrastructure. Shares of BitMine closed at $19.45 on Thursday ET (April 3), extending a roughly 40% slide over the past three months.
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