{"id":42801,"date":"2021-05-19T18:38:32","date_gmt":"2021-05-19T15:38:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42801"},"modified":"2025-08-31T00:50:21","modified_gmt":"2025-08-30T21:50:21","slug":"coinbase-microstrategy-and-galaxy-digital-shares-fall-amid-bitcoin-crash","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-microstrategy-and-galaxy-digital-shares-fall-amid-bitcoin-crash\/","title":{"rendered":"Coinbase, MicroStrategy and Galaxy Digital Shares Fall Amid Bitcoin Crash"},"content":{"rendered":"<p>Share prices of crypto-related companies Coinbase, MicroStrategy and Galaxy Digital fell amid a market correction.<\/p>\n<p>Shares of the Nasdaq-listed American company Coinbase are at $223. Compared with the <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-shares-begin-trading-on-nasdaq-market-capitalisation-tops-100bn\">opening price at the listing<\/a>, the stock has fallen 41%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"716\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/COIN-4-1024x716.png\" alt=\"\u0410\u043a\u0446\u0438\u0438 Coinbase, MicroStrategy \u0438 Galaxy Digital \u0443\u043f\u0430\u043b\u0438 \u043d\u0430 \u0444\u043e\u043d\u0435 \u043e\u0431\u0432\u0430\u043b\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\" class=\"wp-image-135944\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/COIN-4-1024x716.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/COIN-4-300x210.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/COIN-4-768x537.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/COIN-4.png 1201w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Four-hour Coinbase (COIN) chart by TradingView.<\/figcaption><\/figure>\n<p>MicroStrategy shares, on whose balance sheet sits <a href=\"https:\/\/bitcointreasuries.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">92 079 BTC<\/a>, are trading at $443 \u2014 a daily decline of 8.86%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"515\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Micro-1024x515.png\" alt=\"\u0410\u043a\u0446\u0438\u0438 Coinbase, MicroStrategy \u0438 Galaxy Digital \u0443\u043f\u0430\u043b\u0438 \u043d\u0430 \u0444\u043e\u043d\u0435 \u043e\u0431\u0432\u0430\u043b\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\" class=\"wp-image-135945\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Micro-1024x515.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Micro-300x151.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Micro-768x386.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Micro-1536x773.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Micro.png 1640w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Four-hour MicroStrategy chart by TradingView.<\/figcaption><\/figure>\n<p>Galaxy Digital, Mike Novogratz&#8217;s crypto merchant bank, fell 11% over the period. Last month the stock posted a sharp rise.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"613\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Gal-1024x613.png\" alt=\"\u0410\u043a\u0446\u0438\u0438 Coinbase, MicroStrategy \u0438 Galaxy Digital \u0443\u043f\u0430\u043b\u0438 \u043d\u0430 \u0444\u043e\u043d\u0435 \u043e\u0431\u0432\u0430\u043b\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\" class=\"wp-image-135946\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Gal-1024x613.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Gal-300x179.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Gal-768x459.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Gal.png 1379w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Four-hour Galaxy Digital chart by TradingView.<\/figcaption><\/figure>\n<p>Tesla&#8217;s shares declined by <a href=\"https:\/\/finance.yahoo.com\/quote\/TSLA\/\" target=\"_blank\" rel=\"noreferrer noopener\">by 3.9%<\/a>, not as much as the others.<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?15\" data-telegram-post=\"forklog\/19346\" data-width=\"100%\"><\/script><\/p>\n<p>In March, Elon Musk <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-says-tesla-has-begun-selling-electric-cars-for-bitcoin\">announced<\/a> the start of selling Tesla electric cars for Bitcoin in the United States. By May, his company Tesla had halted sales of vehicles for cryptocurrency amid concerns about the environmental sustainability of its mining.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Share prices of crypto-related companies Coinbase, MicroStrategy and Galaxy Digital fell amid a market correction.<\/p>\n","protected":false},"author":1,"featured_media":42802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,138,770,1207,1211],"class_list":["post-42801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-coinbase","tag-galaxy-digital","tag-microstrategy","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42801"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42801\/revisions"}],"predecessor-version":[{"id":42803,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42801\/revisions\/42803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42802"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}