Our Summary:Bitcoin fell 2.7% on Wednesday, its lowest level since October 2, as Iranian attacks in the Strait of Hormuz raised concerns about shipping and inflation. Oil prices rose, fuelling interest rate hike fears, and crypto stocks also declined. The surge in oil prices is expected to keep pressure on cryptocurrencies, with central banks raising interest rates to combat inflation.

Our Summary:BitMine outperformed Ethereum in 2026, but its ETH treasury carried an estimated $3.6 billion unrealized loss as holdings neared 5% of supply. The company's stock fell 3% in the first nine months, while Ethereum declined by 10%.

Our Summary:BitMine Immersion Technologies' BMNR shares outperformed Ethereum by 3% in the first nine months of 2026, but the company's ETH treasury still carries an estimated $3.6 billion unrealized loss, highlighting the disconnect between stock performance and treasury value.