Crypto stocks surge as bitcoin hits 3-month high

Sos

09/08/2021 12:30

** 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 4.4% at $45,775.17,
jumped 22% from its recent trough hit on Thursday; still about
42% away from its all-time high of about $64,895.22
    ** China-based bitcoin cos advance the most: Ebang
International  EBON.O  10.1%, SOS  SOS.N  16.0%, Future Fintech
Group  FTFT.O  26.5%
    ** Bitcoin mining company Bit Digital  BTBT.O  surges 5.4%
    ** Cryptocurrency miners Riot Blockchain  RIOT.O  and
Marathon Patent Group  MARA.O  rise 6.8% and 7.5%
    ** BTC buyer and business intelligence software co
MicroStrategy Inc  MSTR.O  up 7.0%, and crypto exchange Coinbase
Global  COIN.O  gains 3.7%

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