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Mixed Performance for Crypto Stocks in Pre-Market Trading; Coinbase Drops 2.67% as Storage Sector Rises

On May 8, according to Bitget market data, crypto stocks in the U.S. pre-market trading showed mixed performance, with the storage sector rebounding after a decline yesterday. Coinbase (COIN) fell 2.67%, reporting a net loss of $394 million for the first quarter, with total revenue dropping to $1.41 billion. The platform experienced over 7 hours of downtime shortly after the earnings report was released. Meanwhile, Strategy (MSTR) rose 0.49%; Circle (CRCL) increased by 0.42%; MARA Holdings (MARA) was up 0.1%; Riot Platforms (RIOT) decreased by 0.5%; BitMine Immersion (BMNR) gained 0.14%; and SharpLink Gaming (SBET) fell 0.5%. In the storage sector, Seagate Technology (STX) rose 1.23%; Western Digital (WDC) increased by 1.47%; SanDisk (SNDK) was up 1.83%; and Micron Technology (MU) gained 2.52%.

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