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Crypto Stocks Plunge Wednesday, With Galaxy, Bitcoin Miners Leading Decline
Yahoo Finance·2025-10-22 23:28

Crypto-related stocks have been pummeled on Wednesday with recently high-flying bitcoin miners with artificial intelligence (AI) infrastructure taking the biggest hit. Bitfarms (BITF), Cipher Mining (CIFR), Hut 8 (HUT) and Hive (HIVE) tumbled 10%-15% in the early hours of the session. Galaxy (GLXY), the digital asset investment firm with a growing data center operation, was beaten down 15% more than erasing all of its gains after Tuesday's earnings report. The CoinShares Bitcoin Mining ETF (WGMI), a prox ...