BUZZ-Crypto-related stocks climb as bitcoin hits over 1-week high

Reuters05-06

** Shares of cryptocurrency and blockchain-related companies rise in premarket trade as bitcoin price hits 12-day high

** Bitcoin , world's biggest cryptocurrency, last up 2.2% after hitting intraday high of $65,554.86, while Ether

also rises 2% to near one-week high of $3,222.90

** Crypto exchange Coinbase Global rises 3.8%, while Blockchain farm operator Bitfarms Ltd gains 4.4%

** Crypto miners Riot Platforms Inc , Marathon Digital , U.S.-listed shares of Hut 8 and Bit Digital up 4%-8%

** Software firm and BTC buyer MicroStrategy gains 8.7%

** BTC mining machine makers Ebang International and Canaan Inc up 4% each

** ProShares Bitcoin Strategy ETF adds 5.2%

** Last week, Coinbase swung to Q1 profit of over $1 bln, helped by uptick in cryptocurrency trading following launch of first U.S.-listed ETFs tracking bitcoin in January

** BTC up 55.5% YTD, compared with a 7.5% rise in benchmark S&P 500

(Reporting by Ankika Biswas in Bengaluru)

((Ankika.Biswas@thomsonreuters.com))

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