Stock

Coinbase is facing some selling pressure on Wall Street as analysts trim expectations and insider selling adds to investor unease ahead of the company’s upcoming earnings report.

Shares of Strategy ($MSTR) dropped sharply today, tumbling more than 15 % in heavy trading as Bitcoin continued to sell-off.

KindlyMD ($NAKA) has authorized a flexible share repurchase program to buy back stock.

Strategy faces the risk of being removed from major equity indices, with JPMorgan warning that MSCI’s January 15 decision could trigger up to $2.8B–$8.8B in passive outflows and deal a major blow to Saylor’s bitcoin-leveraged strategy.

Bitcoin price briefly fell below $90,000 overnight before rebounding to the $94,000 range, trading near its weekly high, with over 19.95 million BTC mined — exceeding 95% of its 21 million supply.

Cboe Global Markets (Cboe: CBOE) announced that, pending regulatory approval, it will launch Bitcoin Continuous Futures (PBT) on its Cboe Futures Exchange (CFE) starting December 15.

Bitcoin price was trading between $94,000 and $97,000 today, its weakest level since early May and a steep fall from October’s $126,296 all-time high.

IREN Limited (NASDAQ: IREN) and Cipher Mining Inc. (NASDAQ: CIFR) made major moves with Microsoft and Amazon, signaling their shift from Bitcoin mining to AI infrastructure.

IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion.

CleanSpark is using $100 million in Bitcoin-backed credit from Coinbase to boost its mining, energy, and AI compute ambitions.