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BUZZ-Crypto-related stocks climb as bitcoin jumps over 6%

Reuters · 2d ago

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BUZZ-Crypto-related stocks climb as bitcoin jumps over 6%

** Cryptocurrency and blockchain-related stocks climb as bitcoin hits three-week high on Tues

** Bitcoin BTC=, world's biggest cryptocurrency, recently up >6% at $61,201, while Ether ETH= up 4.7% at $2,381.50

** Crypto exchange Coinbase Global COIN.O up >3%, and blockchain farm operator Bitfarms BITF.O up >4% on Tues

** Crypto miners rise: Riot Platforms RIOT.O 3%, Marathon Digital MARA.O ~3%, Hut 8 HUT.O ~6%, Bit Digital BTBT.O >12%

** Shares of notable BTC hoarder MicroStrategy MSTR.O up 1.7%. Software firm late Mon announced $700 mln convertible debt offering

** ProShares Bitcoin Strategy ETF BITO.P gaining 5.5%

** Including move on the session, BTC up ~44% in 2024

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-646-279-6380))

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