Crypto Treasury Stocks Plummet as Coinbase Takes Hit

The crypto treasury stocks are experiencing a downturn in trading hours, according to Moomoo's Trending Industry Today report. As of September 15th, there are 8 constituents up and 22 down, with Coinbase leading the losses.

Coinbase (COIN.US) is down 7.53% to $177.02, with a turnover of $736.24 million. Bitmine Immersion Technologies (BMNR.US) also took a hit, dropping 7.23% to $23.9 with a turnover of $329.32 million.

Another notable stock in the sector is Strategy (MSTR.US), down 5.72% to $129.1 with a turnover of $777.18 million. The Trending Industry Today report identifies industry trends based on three indicators: industry turnover ratio, industry percentage change, and the number of stocks within the industry that meets the percentage change requirement.