Stocks levered to bitcoin prices are trading sharply lower with the cryptocurrency falling from above $69,500 to a one-week low of about $65,000 overnight. In pre-market trading, Bit Digital (BTBT) is down about 8% at $2.54 per share, Riot Blockchain (RIOT) is down 5% at $10.93, Marathon Digital (MARA) is down 6% at $20.33, MicroStrategy (MSTR) is down 8% at $1,503 and Coinbase Global (COIN) is down 5% at $238.30.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
