Crypto stocks jump as bitcoin crosses $1 trillion in market cap
14/02/2024 11:14
(Updates)
** Shares of cryptocurrency and blockchain-related companies
rise sharply in premarket trading
** Bitcoin's BTC= market value crosses $1 trillion for the
first time since November 2021, according to data platform
CoinMarketCap.com
** The world's biggest cryptocurrency gains 3.3% to
trade at $51,171.00 - its strongest level since December 2021
** Crypto exchange Coinbase Global COIN.O rises 6.7%,
while blockchain farm operator Bitfarms Ltd BITF.O up 9.6%
** Crypto miners: Riot Platforms Inc RIOT.O , Marathon
Digital MARA.O , U.S.-listed shares of Hut 8 HUT.O , and Bit
Digital BTBT.O up 8.0%-10.1%
** Software firm and BTC buyer MicroStrategy MSTR.O up
6.3%
** BTC mining machine makers Ebang International EBON.O
and Canaan Inc CAN.O up 5.6% and 13.9%, respectively
** ProShares Bitcoin Strategy ETF BITO.P adds 3.6%
** BTC up 21% YTD compared with a 17.4% increase in the MVIS
CryptoCompare Digital Assets 100 Index .MVDA
(Reporting by Sruthi Shankar in Bengaluru)
((sruthi.shankar@thomsonreuters.com;))