BitMine's stock value has dropped despite a new investor presentation from the company. The Immersion Technologies stock lost 2.28% during trading and is currently valued at $14.82 after falling another 2.59% in pre-market trading.
The company released its new investor presentation on July 16, which included a video featuring Executive Chairman Tom Lee and a transcript of the discussion.
Despite the update, BitMine's stock remains far below its 52-week high of $71.74 but above its 52-week low of $12.80 with a current market value of $9.31 billion.
Circle also had a weak session, closing at $60.64 after falling 7.69%, and dropping another 1.75% in pre-market trading to $59.48.