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home / news releases / CAN - MicroStrategy stock leads crypto-related names lower after China crackdown

CAN - MicroStrategy stock leads crypto-related names lower after China crackdown

Canaan Inc.
Cryptocurrency-exposed stocks are trending lower today after China expanded its crackdown on crypto mining, pushing the price of Bitcoin (BTC-USD) down nearly 5% to $32,788.Related stocks seeing red include Ebang International ([[EBON]] -10.0%), Bit Digital ([[BTBT]] -9.5%), Riot Blockchain ([[RIOT]] -2.9%), Marathon Digital ([[MARA]] -2.9%), and Canaan ([[CAN]] -5.0%).MicroStrategy ([[MSTR]] -8.9%) is sliding after picking up another 13K bitcoins for nearly $500M. Background: Bitcoin stumbles as crypto mining crackdown deepens in China

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MicroStrategy stock leads crypto-related names lower after China crackdown
Stock Information
Company Name: Canaan Inc.
Stock Symbol: CAN
Market: NASDAQ
Website: canaan-creative.com
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