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Hamza Ahmed

Bitcoin and Ethereum Slide 6% as Strategy and BitMine Stocks Hit Multi‑Month Lows

Over the last 24 hours, the crypto market's total capitalisation has dropped by 6%, with Bitcoin and Ethereum falling to two‑month lows and pressure spreading to related equities. Strategy shares closed at $143.19, down 9.63% and at their weakest level since September 2024, while BitMine ended the session at $26.70, losing 9.89% and touching its lowest point since November 2025. Both companies, which hold large Bitcoin and Ethereum reserves, now face mounting scrutiny over treasury strategies that are highly sensitive to market volatility.