The Zhitong Finance App learned that on Friday, US cryptocurrency concept stocks declined. As of press release, Coinbase (COIN.US) plummeted by more than 14% after performance, Strategy (MSTR.US) fell more than 8% after performance; Bitmine Immersion Technologies (BMNR.US) fell more than 8%, and Circle (CRCL.US) fell more than 7%. According to the news, Coinbase's total revenue for the second quarter fell to $1,220 million, and GAAP net loss was $359 million. According to the annexes to the financial report submitted by Coinbase to the US Securities and Exchange Commission on July 30, this is the company's second consecutive net loss quarter.

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