MSTR and COIN Shares Drop Amid Bitcoin Selloff Below $70,000
Shares of Strategy (NASDAQ:MSTR) fell by 10%, while Coinbase Global Inc. (NASDAQ:COIN) dropped 6% as Bitcoin continued its selloff below the key $70,000 level for a second consecutive day. The decline in BTC-USD has amplified pressure on crypto-related stocks due to their direct exposure to spot Bitcoin prices.
Topics: Bitcoin COIN MSTR stock decline