01:19 PM EDT, 06/05/2026 (MT Newswires) -- Strategy (MSTR) and Coinbase (COIN) shares were sharply lower in Friday trading amid a broad sell-down in cryptocurrencies.

Strategy was down more than 8% as Bitcoin (BTC-USD) prices dropped over 4% to around $60,840 level.

Coinbase was over 8% lower. Other top decliners include Bitmine Immersion Technologies ( BMNR ) and Circle Internet ( CRCL ) .

Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 10%, and XRP (XRP-USD) shed over 5%.

Price: 118.68, Change: -10.69, Percent Change: -8.26