Crypto-linked stocks rise after bitcoin rebounds

Robinhood Markets

Mon 13:10

** Cryptocurrency and blockchain-related firms gain premarket after bitcoin BTC= gains over 1.7%
** Bitcoin on track for its biggest one-day gain in nearly a month, if gains hold
** Bitcoin, the world's largest cryptocurrency, rose nearly 1.7% on Monday and touched $82,275.99, while Ether ETH= rose 2.9% to $2,417.6
** Shares of crypto exchange Coinbase Global COIN.O up 1.4% 
** BTC holder Strategy MSTR.O rises 1.6%. The stock fell nearly 10% last Friday after MSCI's planned index-rule changes raised the risk of exclusion from its global indexes, potentially jeopardizing billions in passive-fund demand
** Retail trading platform Robinhood Markets HOOD.O up 1.6% 
** Crypto miners rise: Riot Platforms Inc RIOT.O 4.3%, Mara Holdings MARA.O 4%, Bit Digital BTBT.O 4.1%
** Shares of American Bitcoin ABTC.O, backed by two eldest sons of President Trump, up 2.9%; ABTC is a majority-owned subsidiary of Hut 8 HUT.O, which is up 4.4%
** BTC mining machine maker Canaan CAN.O up 6.5%, stablecoin issuer Circle Internet CRCL.N up 2.2%
** Ether-linked stocks Bitmine Immersion Technologies BMNR.A and Sharplink Gaming SBET.O up about 1.6% and 1.2%, respectively
** Including session's moves, BTC down 6.2% YTD, ETH down about 18.7% YTD

 (Reporting by Darshan Kumar in Bengaluru)
 ((darshan.kumar@thomsonreuters.com))