Crypto stocks hit by platform outages; botched El Salvador roll out dents bitcoin
07/09/2021 17:26
** Shares of cryptocurrency and blockchain-related firms
fall
** Bitcoin BTC=BTSP drops 11.3% to $46,775.02 after El
Salvador's bitcoin adoption hits snags, multiple platforms face
issues urn:newsml:reuters.com:*:nE1N2OK01R urn:newsml:reuters.com:*:nFWN2Q90XX urn:newsml:reuters.com:*:nFWN2Q90DV
** Cryptocurrency miners Riot Blockchain RIOT.O down 7%
and Marathon Digital Holdings MARA.O 7.2% lower
** Shares of MicroStrategy Inc MSTR.O , a BTC buyer and
business intelligence software firm, down 6.7%
** China-focused SOS SOS.N drops 5.3%, bitcoin-mining
machine makers Ebang International EBON.O and Canaan Inc
CAN.O shed 2.7% and 0.2%, respectively
** Shares of crypto exchange Coinbase Global COIN.O drop
4%; COIN says an earlier issue with Coinbase card swipes has
been resolved
** Overstock.com OSTK.O , an online retailer and blockchain
tech investor, and bitcoin bank Silvergate Capital Corp SI.N
are little changed
** YTD, BTC has climbed ~62%
(Reporting by Aaron Saldanha)
((Aaron.Saldanha@thomsonreuters.com; +91 9810644993; Reuters
Messaging: Aaron.Saldanha@thomsonreuters.com@reuters.net))