Crypto-related stocks are having a second day of big gains after bitcoin (BTC) on Monday evening pushed through $30,000 for the first time since June 2022. At press time, it's managed to hold that advance, trading at $30,100.
Bitcoin miners Riot Platforms (RIOT) and Marathon Digital (MARA) are ahead 15% and 11%, respectively. Shares of smaller players Stronghold Digital (SDIG) and Iris Energy (IREN) are up by nearly 20%.
The big advance in bitcoin over the past two days has pushed MicroStrategy's (MSTR) holdings – 140,000 coins purchased at an average price of $29,803 each – back into profit. MSTR shares are higher by 7% on Tuesday.
Source:
Coin Desk