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Zhitong
2024.04.30 15:09
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U.S. Stock Market News | Cryptocurrency stocks decline, MicroStrategy drops more than 12%

Cryptocurrency stocks fell, with MicroStrategy's stock price dropping by over 12%. MicroStrategy reported a first-quarter revenue of $1.152 billion, with a loss of $3.09 per share. The company's digital assets amounted to $5.07 billion, up from $2.0 billion last year

According to Zhitong Finance, on Tuesday, cryptocurrency stocks fell. As of the time of publication, Canaan Inc. (CAN.US) and Coinbase (COIN.US) dropped by over 2.5%, Riot Blockchain (RIOT.US) and Bit Digital (BTBT.US) fell by over 3%, Marathon Digital Holdings (MARA.US) fell by over 5%, and MicroStrategy (MSTR.US) fell by over 12%. In terms of news, MicroStrategy reported first-quarter revenue of $1.152 billion, below analysts' expectations of $1.237 billion; with a loss per share of $3.09, compared to earnings per share of $31.79 in the same period last year, and the market expected a loss per share of $0.55. As of the end of the period, digital assets were $5.07 billion, compared to $2.0 billion in the same period last year

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