Crypto stocks climb tracking higher bitcoin, ether prices

Silvergate Capital

30/05/2023 10:31

** Shares of cryptocurrency- and blockchain-related
companies rise in premarket trading, tracking an uptick in
Bitcoin  BTC=BTSP 
    ** The world's biggest cryptocurrency hit a three-week high
on Monday, when markets were closed on account of a public
holiday 
    ** Bitcoin up 0.3%% at $27817, while Ether  ETH=BTSP  rises
0.7% to $1905
    ** Crypto exchange Coinbase Global  COIN.O  rises 4.4%,
while blockchain farm operator Bitfarms Ltd  BITF.O  up 6.36%
    ** Crypto miners Riot Platforms Inc  RIOT.O  Marathon
Digital  MARA.O , Hut 8 Mining  HUT.O , and Bit Digital  BTBT.O 
up 5.4%-8.3% 
    ** Software firm and BTC buyer MicroStrategy  MSTR.O  gains
3.5% 
    ** BTC mining machine maker Canaan Inc  CAN.O  up 5.8%,
while ProShares Bitcoin Strategy ETF  BITO.P  adds 4.2%
    ** Up to last close, BTC had risen 68.4% YTD compared with a
44.6% increase in the MVIS CryptoCompare Digital Assets 100
Index  .MVDA 

 (Reporting by Johann M Cherian in Bengaluru)
 ((johann.mcherian@thomsonreuters.com;))