Strategy (MSTR) shares fell to $135 after the company sold 32 Bitcoin (BTC) for $2.5M, representing less than 0.004% of its 843,706 BTC holdings.
Coinbase (COIN) stock dropped to $172 as the company’s Q1 net loss of $1.49 per share and 31% YoY revenue decline amplified sensitivity to Bitcoin weakness.
The ***** yst who called NVIDIA in 2010 just named his top 10 stocks and Coinbase wasn't one of them. Get them here FREE.
Shares of Strategy (NASDAQ:MSTR) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,000.
Strategy stock is trading around $135 after a Monday close of $149.78. Coinbase stock is changing hands near $172 versus Monday's $182.61 close. Bitcoin last printed at approximately $67,200, down 5% over the past 24 hours.
Coinbase (COIN) stock dropped to $172 as the company’s Q1 net loss of $1.49 per share and 31% YoY revenue decline amplified sensitivity to Bitcoin weakness.
The ***** yst who called NVIDIA in 2010 just named his top 10 stocks and Coinbase wasn't one of them. Get them here FREE.
Shares of Strategy (NASDAQ:MSTR) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,000.
Strategy stock is trading around $135 after a Monday close of $149.78. Coinbase stock is changing hands near $172 versus Monday's $182.61 close. Bitcoin last printed at approximately $67,200, down 5% over the past 24 hours.
2 days ago
