Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Henry Khederian

Why Bitcoin- And Ethereum-Related Stocks MicroStrategy And Hut 8 Are Falling Today

HUT MicroStrategy Hut 8 Mining Corp MicroStrategy Incorporated

Shares of crypto-related stocks, including MicroStrategy Incorporated (NASDAQ:MSTR) and Hut 8 Mining Corp (NASDAQ:HUT), are trading lower during Friday's after-hours session amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin is trading 16% lower for the week at around $38,500 in Friday's after-hours session.

Ethereum is trading 24% lower for the week at around $2,500 in Friday's after-hours session.

See Also: Why This Former Money Manager Thinks Hyper-Growth Stocks Are Positioned To Rally

MicroStrategy is a provider of enterprise analytics and mobility software.

MicroStrategy is trading lower by 4.2% at $360.

Hut 8 Mining is North America's innovation-focused digital asset miner.

Hut 8 Mining is trading lower by 3.2% at $5.20.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Father of ‘former British soldier’ captured in Russia fears son will be tortured

Father of ‘former British soldier’ captured in Russia fears son will be tortured

Scott Anderson said he and other family members had tried to convince the 22-year-old not to fight for Ukraine.

The Independent UK

Home is the most dangerous place for women, says global femicide report

Home is the most dangerous place for women, says global femicide report

Of the 85,000 women killed by men in 2023, 60% died at the hands of a partner or family member, new UN figures show

The Guardian - UK

Russia plotting to use AI to enhance cyber-attacks against UK, minister will warn

Russia plotting to use AI to enhance cyber-attacks against UK, minister will warn

Pat McFadden will tell a Nato conference on Monday that Russia could knock out the UK’s electricity grid

The Guardian - UK

Smoking could cause almost 300,000 cancer cases by 2029, charity says

Smoking could cause almost 300,000 cancer cases by 2029, charity says

Cancer Research UK estimates there were nearly 160 cancer cases attributed to smoking diagnosed in the UK every day in 2023.

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

UK spies to counter Russian cyber warfare threat with new AI security lab

UK spies to counter Russian cyber warfare threat with new AI security lab

Minister Pat McFadden said Britain and its Nato allies are combatting Russian attacks both publicly and ‘behind the scenes’.

The Independent UK

Repeat A&E patients can account for almost one in seven visits

Repeat A&E patients can account for almost one in seven visits

Researchers examined ‘frequent attenders’ in a new study.

The Independent UK

Related Stories

Top stories on inkl right now

Father of ‘former British soldier’ captured in Russia fears son will be tortured

Father of ‘former British soldier’ captured in Russia fears son will be tortured

Scott Anderson said he and other family members had tried to convince the 22-year-old not to fight for Ukraine.

The Independent UK

Home is the most dangerous place for women, says global femicide report

Home is the most dangerous place for women, says global femicide report

Of the 85,000 women killed by men in 2023, 60% died at the hands of a partner or family member, new UN figures show

The Guardian - UK

Russia plotting to use AI to enhance cyber-attacks against UK, minister will warn

Russia plotting to use AI to enhance cyber-attacks against UK, minister will warn

Pat McFadden will tell a Nato conference on Monday that Russia could knock out the UK’s electricity grid

The Guardian - UK

Smoking could cause almost 300,000 cancer cases by 2029, charity says

Smoking could cause almost 300,000 cancer cases by 2029, charity says

Cancer Research UK estimates there were nearly 160 cancer cases attributed to smoking diagnosed in the UK every day in 2023.

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

UK spies to counter Russian cyber warfare threat with new AI security lab

UK spies to counter Russian cyber warfare threat with new AI security lab

Minister Pat McFadden said Britain and its Nato allies are combatting Russian attacks both publicly and ‘behind the scenes’.

The Independent UK

Repeat A&E patients can account for almost one in seven visits

Repeat A&E patients can account for almost one in seven visits

Researchers examined ‘frequent attenders’ in a new study.

The Independent UK

Our Picks

Keira Knightley Revisits "Trauma" of Being Accused of Having an Eating Disorder

"I'll suddenly have a very bodily memory of it because, ultimately, it's public shaming."

Keira Knightley recalls ‘public shaming’ she felt amid claims she had an eating disorder

‘It’s obviously part of my psyche, given how young I was,’ she recalls about the eating disorder claims

The Independent UK

The Simpsons: Hit & Run dev says they could've made 3 sequels without paying a penny for the license: "Some crazy person at the publisher - we never found out who - said no"

"We never imagined it would still be bringing some people happiness 20 years later!"

Wrestler, film star – and future president? Why we should all take Dwayne ‘The Rock’ Johnson seriously

The WWE icon, already one of Hollywood’s highest-paid film stars, has shown himself to be ‘focus group-proof’

The Guardian - UK

Eating this fruit before bed can help you sleep better – but expert opinions are divided

TikTok strikes again with its avocado sleep hack – but does it actually work?

Cher was ‘shocked’ to discover her legal name after birth certificate mix-up

Pop icon had gone for years without knowing what was written on her birth certificate

The Independent UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play