Crypto stocks: Soar; Bitcoin hits record peak ahead of Coinbase listing

Sos

13/04/2021 10:44

** Shares of cryptocurrency and blockchain-related firms
jump premarket as Bitcoin  BTC=BTSP  soars 4.5% to $62,495.2 
    ** Bitcoin hits a record of $62,741 on Tuesday, extending
its 2021 rally to new heights, a day ahead of the direct listing
of Coinbase, the largest U.S. cryptocurrency exchange 
 urn:newsml:reuters.com:*:nL8N2M61XT
    ** Bitcoin bank Silvergate Capital Corp  SI.N  up 5.6%
before the bell; cryptocurrency miner Riot Blockchain  RIOT.O 
surges 7.8% and Marathon Digital Holdings  MARA.O  trades 7.3%
higher 
    ** China-focused Future Fintech Group  FTFT.O  trades 3.1%
higher, while carmaker Tesla  TSLA.O  - a strong proponent of
Bitcoin - climbs 1.2% 
    ** SOS Ltd  SOS.N , a China-focused company mainly engaged
in the consumer credit sector, tacks on ~3% 
    ** Shares of Overstock.com  OSTK.O , an online retailer and
blockchain tech investor, up 1.1%; shares of MicroStrategy Inc
 MSTR.O , a BTC buyer and business intelligence software firm,
adds 3% 
    ** Giant lender HSBC  HSBA.L  restricted fresh purchases of
MSTR shares by the bank's clients, calling the stock a "virtual
currency product"  urn:newsml:reuters.com:*:nL1N2M522E
    ** YTD, BTC has more than doubled, aided by broader
institutional ownership

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