Crypto-related stocks climb as bitcoin jumps over 6%
17/09/2024 16:43
** 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))