Crypto-related shares climb as Bitcoin extends rally
BUZZ-Crypto-related shares climb as Bitcoin extends rally Updates to market open, adds stocks
** Cryptocurrency and blockchain-related companies lift on Fri after Bitcoin BTC= rose more than 9% early this morning and briefly neared $80,000, its highest level since mid-May
** Crypto stocks gained in the previous session after U.S. President Donald Trump called on Congress to pass a crypto bill, as well as a boost to risk assets following the Treasury Department's move to support long-duration bonds
** Crypto exchange Coinbase Global COIN.O gains 5%; BTC hoarder Strategy MSTR.O lifts 5%
** Retail trading platform Robinhood Markets HOOD.O jumps >7%
** Crypto miners ascend: Riot Platforms Inc RIOT.O 4%, Mara Holdings MARA.O 4%, Bit Digital BTBT.O 3%, Hut 8 HUT.O 5%
** BTC mining machine maker Canaan CAN.O leaps 18%, stablecoin issuer Circle Internet CRCL.N gains 7%
** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both rise >5%
(Reporting by Tharuniyaa Lakshmi in Bengaluru and Lance Tupper in New York)