Crypto stocks surge as bitcoin breaks above $46,000

Sos

09/08/2021 17:04

(Updates prices)
    ** Shares of crypto- and blockchain-related firms climb, as
bitcoin  BTC=BTSP  trades at its highest level since mid-May
    ** The largest digital currency, last up about 5% at
$45,961.40, has jumped 23% from its recent trough hit on
Thursday; still about 40% away from its all-time high of about
$64,895.22
    ** China-based bitcoin cos advance: Ebang International
 EBON.O  15.6%, SOS  SOS.N  7.5%, Future Fintech Group  FTFT.O 
16.5%
    ** Bitcoin mining company Bit Digital  BTBT.O  rises 2.3%,
mining machine maker BIT Mining  BTCM.N  surges 20% and
cryptocurrency network power supplier Bitfarms  BITF.V  climbs
14.5%
    ** Canada's crypto mining co HUT 8 Mining Corp  HUT.TO 
added 8.0%
    ** Cryptocurrency miners Riot Blockchain  RIOT.O  and
Marathon Digital Holdings  MARA.O  rise 11.2% and 5.9%,
respectively
    ** BTC buyer and business intelligence software co
MicroStrategy Inc  MSTR.O  up 4.4%, and crypto exchange Coinbase
Global  COIN.O  gains 7.2%

 (Reporting by Medha Singh)
 ((medha.singh@thomsonreuters.com))