MARKET-DISCOVERED GROUP
7 of 7 measured members are falling. Capital-flow confirmation is unavailable.
THU, NOV 20BMNR filing documented shared operating contextrestructuring affecting expense · date precision only
WED, JUL 29COIN filing documented shared operating contextrestructuring affecting expense · date precision only
01 · WHAT IS HAPPENING
Observed intraday paths are not available for this group yet.
02 · WHY IT MATTERS
Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across BMNR, COIN, CRCL, HOOD, MSTR.
“Our primary sources of liquidity during and subsequent to the period included: ● net proceeds from our June 2025 underwritten public offering of common stock of approximately $7,717,761, after underwriting discounts, commissions and offering expenses; ● proceeds from July 2025 private placements of common stock and pre-funded warrants and digital asset consideration of approximately $230,290; ● our Registration Statement on Form S-3ASR filed July 9, 2025 and an equity sales agreement with Cantor Fitzgerald & Co. and ThinkEquity LLC, providing the ability, at our discretion and subject to market conditions, to sell up to $20 billion of our common stock from time to time in our ATM Program; and ● our related-party line of credit with IDI, which was addressed through a letter agreement and restructuring arrangements described below.”
BMNR 10-K · 2025-11-21
“Adjusted EBITDA Adjusted EBITDA, a non-GAAP financial measure, is calculated as net income (loss) from continuing operations excluding: net income (loss) attributable to noncontrolling interests, depreciation and amortization expenses; interest expense, net of amortization of discounts and premiums;”
CRCL 10-Q · 2026-08-05
“Other services revenues decreased by $6.6 million for the year ended December 31, 2025, as compared to the same periods in the prior year, primarily due to lower demand for consulting and training services.”
MSTR 10-K · 2026-02-19
Filing-linked outsiders test whether the move is spreading beyond the established cohort.
No high-confidence filing-linked outsiders are available for this group yet.
03 · WHO IS IN IT
7/7 active0 rising · 7 falling
| TICKER | Company | Role now | Today | Observed history | Trader interpretation |
|---|---|---|---|---|---|
| BLSH | Bullish | Participating | -1.3% | — | Price participation is not yet confirmed by per-name flow. |
| BULL | Webull Corporation | Participating | -2.6% | — | Price participation is not yet confirmed by per-name flow. |
| HOOD | Robinhood Markets, Inc. | Participating | -5.0% | — | Price participation is not yet confirmed by per-name flow. |
| MSTR | Strategy Inc | Most unusual | -5.3% | — | Most unusual activity in this snapshot; performance direction may differ. |
| BMNR | Bitmine Immersion Technologies, Inc. | Participating | -2.5% | — | Price participation is not yet confirmed by per-name flow. |
| COIN | Coinbase Global, Inc. | Participating | -3.0% | — | Price participation is not yet confirmed by per-name flow. |
| CRCL | Circle Internet Group | Participating | -3.9% | — | Price participation is not yet confirmed by per-name flow. |
04 · HAS THIS HAPPENED BEFORE
No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.
Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.
Historical cohort observations are not available yet.