The second-largest crypto asset by market capitalization fell around 4.1% in the last seven days, recently changing hands around $1,905. Ethereum plunged to its lowest price in more than two weeks late Sunday, touching a daily low of $1,855 before starting to recover.
"In the midst of this 'mini crypto winter,' our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings," said BitMine Chairman Tom Lee, in a statement.
But Ethereum keeps falling, now down more than 61% from its August 2025 all-time high of $4,946 and down 35% in the last month of trading.
Alongside it, shares in BitMine (BMNR) continue to fall, down nearly 32% on the month and greater than 63% in the last six months, recently changing hands at $19.58. BMNR has erased nearly all its gains since the firm implemented its digital asset treasury strategy last July.
