New Era Energy & Digital is trading at $2.80, down 15.92%, with coverage linking the decline to its announced discounted $64 million private placement. - The placement covers 23,272,727 shares at $2.75 each, below the October 28 close of $3.33. - It would increase shares outstanding from about 117.3 million to 140.6 million. - Bitcoin and Ethereum were also lower, though their moves were much smaller than the stockβs decline.