"Bitcoin Halving Spurs MicroStrategy Stock Surge and Coinbase Gains"

1 min read
Source: Decrypt
"Bitcoin Halving Spurs MicroStrategy Stock Surge and Coinbase Gains"
Photo: Decrypt
TL;DR Summary

Bitcoin's price surge close to $72,000 has also boosted the stock prices of companies with exposure to the crypto industry, with MicroStrategy and Coinbase stocks up over 6%. MicroStrategy, known for aggressively adding BTC to its balance sheet, has seen its stock value more than double since January, while Coinbase, America's largest crypto exchange, has jumped by over 63% this year. Additionally, Tesla, a major public company holding Bitcoin, has also seen a 5% increase in its stock price, while Bitcoin mining companies like Hut 8 Corp and CleanSpark have experienced marginal rises.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

73%

34893 words

Want the full story? Read the original article

Read on Decrypt