As Bitcoin slightly declined, cryptocurrency-related stocks showed mixed performance. Major mining stocks generally experienced an adjustment period.
According to Yahoo Finance on the 24th (local time), MicroStrategy (MSTR), a Bitcoin-holding company, closed at $412.67, down 3.21%.
Coinbase (COIN) fell 1.64% to $397.81, while fintech company Block (XYZ) rose 0.54% to close at $79.70. Robinhood (HOOD) traded at $102.08, up 0.23%.
Kindly MD (KDLY), which disclosed its Bitcoin holding strategy, recorded a 9.25% increase to $24.94, while Cantor Equity Partners (CEP) closed at $28.15, down 1.92%.
Griffon Digital Mining (GRYP) declined 2.36% to $1.24, and Semler Scientific (SMLR) closed at $39.32, down 2.16%.
Japanese Bitcoin-holding company Metaplanet (3350.T) rose 8.12% to reach 1,238 yen. Remixpoint (3825.T) was excluded due to lack of data provision.
Mining Stocks Mixed... MARA Tops Trading Volume, CLSK·CORZ Decline
Among cryptocurrency mining stocks showing mixed performance, Marathon Digital (MARA) recorded the highest trading volume.
Marathon Digital (MARA) closed at $17.57, down 11.02%, topping market trading volume. Riot Platforms (RIOT) traded at $14.34, up 0.49%.
Cleanspark (CLSK) fell 2.97% to $12.45, while Core Scientific (CORZ) closed at $13.49, up 0.07%.
Cipher Mining (CIFR) declined 3.75% to $6.68, and Iris Energy (IREN) rose 2.15% to $18.99.
Hut 8 Mining (HUT) increased 1.16% to $21.65, and Bit Digital (BTBT) closed at $3.36, up 2.75%.
Bitfarms (BITF) fell 3.79% to $1.27, and Hive Digital (HIVE) dropped 4.00% to $2.40. Terraworks (WULF) closed at $5.20, down 1.14%.
Bitcoin itself continued its weak trend, declining 1.10% to $118,676 on the same day.
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