Well, well, well! It seems Circle has been the belle of the ball on Wall Street since its grand entrance on the New York Stock Exchange (NYSE). Meanwhile, Coinbase is strutting its stuff and catching the eye of investors this week. But hold your horses! Not all crypto stocks are living their best lives—Strategy’s MSTR and the public miners are having a bit of a rough patch. 😬
Miners Take a Hit—Meanwhile, CRCL and COIN Shine as Strategy Copycats Offer a Volatile Mix
Digital assets have been on a rollercoaster ride this week, and most publicly traded companies connected to crypto and blockchain are struggling to keep up with Circle’s CRCL. In fact, a staggering nine out of ten of the biggest publicly traded bitcoin mining companies have been hit with losses over the past five trading days. Talk about a crypto catastrophe! 🎢
Applied Digital took the biggest nosedive with a 15.18% decline—yikes! Bitdeer Technologies wasn’t far behind, dropping 11.24%. MARA Digital Holdings (MARA) experienced an 8.40% decline, while Hut 8 slid by 7.24%. Cleanspark lost 5.45%, and Riot Platforms saw a slight dip of 2.64%. It’s like watching a sad movie, but with numbers! 📉
Strategy (MSTR) also took a little dip of 2.48% over the past five sessions and has even shrunk by more than 6% in the last month. Fresh faces on the scene, who’ve decided to copy Strategy’s coin-collecting approach, have also experienced some decent losses. I mean, imitation is the sincerest form of flattery, right? 😏
DDC Enterprise is down 5.51% this week, Gamestop has slipped by 0.55%, Addentax lost 7.62%, and Jiuzi Holdings saw a massive drop of 63% against the U.S. dollar. Ouch! But wait, some Strategy copycats have actually shined, with Metaplanet (TSE-3350) climbing 13.8% over the past five sessions. Who knew copying could pay off? 💁♀️
Semler Scientific (SMLR) enjoyed a gentle 1.17% five-day increase thanks to a delightful 11.95% pop on Wednesday. As TopMob previously reported, Circle has been raking in hefty gains, with CRCL soaring more than 70% during the five-day period. And let’s not forget Coinbase (COIN) hopping up 19.79% this week. It’s like a crypto party, and some are dancing while others are just sitting in the corner! 🎉
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2025-06-19 19:57