United States equity markets closed the week ending Friday, September 11, with a split scoreboard for cryptocurrency-linked names. Three treasury and platform stocks, Strategy Inc. (NASDAQ: MSTR), Coinbase Global Inc. (NASDAQ: COIN) and Circle Internet Group Inc. (NYSE: CRCL), finished the Friday-to-Friday window lower even after posting modest gains in the final session.
Three publicly listed bitcoin miners, CleanSpark Inc. (NASDAQ: CLSK), Hut 8 Corp. (NASDAQ: HUT) and MARA Holdings Inc. (NASDAQ: MARA), converted Friday’s bid into weekly advances. It was a shortened four-session week because Monday, September 7 was the Labor Day holiday, when the New York Stock Exchange (NYSE) and Nasdaq were both closed. The cash sessions that count for this wrap are Tuesday, September 8 through Friday, September 11.
Strategy, Coinbase and Circle Soften on the Week
Strategy, formerly known as MicroStrategy and the largest corporate holder of bitcoin (BTC), closed Friday at $130.97, up 1.87% on the day but down 8.28% from its September 4 close of $142.80. Those closes are the Nasdaq regular-session prints compiled on Yahoo Finance’s MSTR history page.
The stock traded a Friday range of $129.28 to $137.89 on volume of 19,472,980 shares. Yahoo Finance recorded a market capitalisation of $52.032 billion at the close, an after-hours print of $130.50 at 7:59 p.m. Eastern Time (ET), and a five-year monthly beta of 3.60.
The scale of the weekly decline against bitcoin’s roughly 3% drop over the same window is consistent with the stock’s function as a high-beta bitcoin proxy rather than a one-for-one coin tracker.
Coinbase, the largest United States-based cryptocurrency exchange, closed at $175.26, a 1.73% Friday gain that still left it 5.08% lower than the September 4 close of $184.64.
Volume totalled 7,777,760 shares, and the intraday range ran from $172.80 to $182.08. The stock remained well above its 52-week low of $139.11 set on July 31 and well below its 52-week high of $402.16 recorded on October 10, 2025.
Circle, the issuer of the USDC stablecoin, was the softest of the three names on the week. It closed at $90.60, up 0.31% on the day but down $11.45, or 11.22%, from its September 4 close of $102.05. Its Friday range ran from $90.14 to $95.80.
Circle had agreed earlier in the week to acquire the Singapore-based payments firm Tazapay for $400 million in stock, a transaction that broadens its cross-border payments footprint.
Circle’s press release dated September 8, 2026, said the consideration is Class A stock, the deal is expected to close in 2027, and closing remains subject to customary conditions and approval from the Monetary Authority of Singapore (MAS). The company said Tazapay processed more than $25 billion in annualized payment volume as of July 31, 2026.
Miners CLSK, HUT and MARA Catch the Friday Bid
Trading on the miner side moved the other direction. CleanSpark, which describes itself as a United States-based bitcoin miner, closed at $13.67 after gaining 6.80% on the day and 7.72% on the week from its September 4 close of $12.69. Volume reached about 21.6 million shares on a Friday range of $12.83 to $14.03.
Hut 8, a North American mining and high-performance computing operator, closed at $98.60, an 8.83% Friday gain and a 5.40% Friday-to-Friday rise from its September 4 close of $93.55, on volume of about 5.68 million shares.
MARA Holdings, formerly Marathon Digital Holdings, closed at $11.98, up 4.81% on the day and 5.92% on the week from its September 4 close of $11.31, on volume of about 45.24 million shares.
The miner’s move on Friday exceeded what bitcoin did at the equity cash close. On the Coinbase 4:00 p.m. ET print, BTC ended Friday at $77,264.13, up only 0.14% from Thursday’s 4:00 p.m. mark of $77,154.93. The Friday rally in the miner group therefore reads as a stock-specific catch-up on names that had lagged earlier in the week, rather than a fresh mechanical response to a rising bitcoin price at the cash close.
Bitcoin Falls 3.10% on the Week, Ether Firms Up
Over the Friday-to-Friday window, bitcoin was down. On CoinGecko’s daily UTC close series, BTC finished September 11 at $77,204 against $79,671 on September 4, a decline of 3.10%. During United States hours on Friday, bitcoin briefly probed the high-$79,000s before fading back to the mid-$77,000s by the weekend.
Ether (ETH), the second-largest cryptocurrency by market value, held up better than bitcoin across the week. On the same CoinGecko UTC close series, ETH finished September 4 at $2,456.09 and September 11 at $2,514.85, a gain of 2.39%. CoinGecko recorded September 11 volume of about $15.27 billion. The Crypto Times Friday tape separately recorded an ETH session that reclaimed $2,600, and a later fade after a squeeze high near $2,667.
August CPI Sets the Tone Ahead of FOMC
The Friday session opened against a fresh macro print. At 8:30 a.m. ET, the Bureau of Labor Statistics (BLS) released the August Consumer Price Index (CPI). Headline CPI rose 0.4% on the month and 3.4% on the year, both in line with the consensus forecast.
Core CPI, which strips out the volatile food and energy components, rose 0.3% on the month against a 0.2% expectation, and 2.4% on the year in line with consensus, easing marginally from July’s 2.5% annual pace.
The reading is the last major inflation print United States policymakers will see before the Federal Open Market Committee (FOMC) meeting scheduled for September 15 and 16, where the Federal Reserve will announce its next interest-rate decision. With that vote only two sessions away and August CPI now on the record, positioning across the six cryptocurrency-linked equities is likely to remain tied to bitcoin’s own price action into the coming week.
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