# Crypto-Linked U.S. Stocks Fall at Open as BitMine Drops 5%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27445
Published: 2026-10-07T13:41:40.000Z
Updated: 2026-10-07T13:41:40.000Z
Section: Investing

> BitMine led declines among major crypto-related stocks, while SharpLink, American Bitcoin and Circle also fell more than 4%.

Crypto-linked U.S. stocks opened broadly lower Wednesday, with BitMine (BMNR) leading the decline at 5.04% as weakness spread across major publicly traded names tied to the digital-asset market.

SharpLink (SBET) fell 4.78%, while American Bitcoin (ABTC) dropped 4.62% and Circle (CRCL) declined 4.58%.

Strategy (MSTR) was down 4.48%. Robinhood (HOOD) fell 2.99%, and Coinbase (COIN) declined 2.95%.

The moves came as the broader U.S. stock market opened lower, with declines also reported across the storage sector.