Crypto stocks jump as Musk's tweet sends bitcoin higher

Future Fintech

21/07/2021 19:45

** Shares of cryptocurrency and blockchain-related firms
jump as Bitcoin  BTC=BTSP  rises 7.6% to $32,038.01 
    ** Tesla  TSLA.O  CEO Elon Musk says he would "like to see
bitcoin succeed"; says Tesla, SpaceX and he are not selling any
bitcoin  urn:newsml:reuters.com:*:nFWN2OX0TH
    ** At B Word conference, Musk adds he "might pump" but
"doesn't dump" bitcoin
    ** Bitcoin bank Silvergate Capital Corp  SI.N  up 8.3%;
cryptocurrency miner Riot Blockchain  RIOT.O  and Marathon
Digital Holdings  MARA.O  13.5% and 12.9% higher, respectively
    ** Shares of Overstock.com  OSTK.O , an online retailer and
blockchain tech investor, up 3%; MicroStrategy Inc  MSTR.O , a
BTC buyer and business intelligence software firm, rose 13%
higher 
    ** Shares of crypto exchange Coinbase Global  COIN.O  rise
4.6% 
    ** China-focused SOS  SOS.N  adds 14.5%, bitcoin mining
machine makers Ebang International  EBON.O  and Canaan Inc
 CAN.O  gain 4.4% and 16.2%, respectively  
    ** YTD, BTC has climbed >10.5%

 (Reporting by Aaron Saldanha)
 ((Aaron.Saldanha@thomsonreuters.com; +91 9810644993; Reuters
Messaging: Aaron.Saldanha@thomsonreuters.com@reuters.net))