Crypto Stocks Fall; Riot Platforms Drops 10%; Coinbase down 7%

Tiger Newspress

2024-12-09

Crypto stocks fell in Monday trading. Riot Platforms fell 10%; Coinbase fell 7%; Canaan, MARA Holdings fell 6%; CleanSpark fell 5%; MicroStrategy fell 4%.

MARA Holdings recently completed its $850 million offering of 0% convertible senior notes due 2031. This happened soon after it completed a $1 billion offering of 0% convertible senior notes due 2030 in November.

MicroStrategy disclosed that it acquired 21,550 Bitcoin for approximately $2.1 billion in the first week of December.

Riot Platforms intends to offer $500M of its convertible senior notes due 2030 in private offering.

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Riot Platforms fell 10%; Coinbase fell 7%; Canaan, MARA Holdings fell 6%; CleanSpark fell 5%; MicroStrategy fell 4%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eed892bf6b9636212c445c08b83208ae\" tg-height=\"368\" tg-width=\"385\"/></p><p><a href=\"https://laohu8.com/S/MARA\">MARA Holdings</a>  recently completed its $850 million offering of 0% convertible senior notes due 2031. 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