Cryptocurrency-Linked Stocks Rally Broadly as Strategy Jumps Over 6%

Stock News10-20 23:22

On Tuesday, cryptocurrency-related stocks rose across the board, with Strategy (MSTR.US) and Bitmine Immersion Technologies (BMNR.US) climbing more than 6%.

SharpLink (SBET.US) gained nearly 5%, Circle (CRCL.US) advanced more than 4%, and Coinbase (COIN.US) added 2%.

On the news front, on October 19, Strategy disclosed that it purchased 267 bitcoins between October 12 and 18, spending $22.1 million, bringing its holdings to 848,517 bitcoins.

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