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Crypto stocks see mixed performance as Bitcoin climbs to $67.7K By Investing.com

March 8, 2024
in Cryptocurrency
Reading Time: 1 min read
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Crypto stocks see mixed performance as Bitcoin climbs to $67.7K By Investing.com

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Crypto stocks see mixed performance as Bitcoin climbs to $67.7K
© Reuters Crypto shares see combined efficiency as Bitcoin (BTC) climbs to $67.7K

Bitcoin (BTC) rose increased on Thursday to $67,700, bringing its complete acquire this week to round 7.3%.

On Tuesday, the flagship cryptocurrency notched a brand new all-time excessive of $69,210, topping its earlier peak recorded in the course of the bull run in late 2021.

Bitcoin’s newest upswing led to a combined efficiency amongst crypto shares.

Notably, shares of MicroStrategy (MSTR) added 4.1% on Thursday, and greater than 20% since Monday. Earlier within the week, Michael Saylor’s enterprise intelligence agency introduced plans to lift $600 million by way of a convertible debt sale in a non-public providing.

The corporate mentioned it will use the raised funds to amass extra BTC.

In the meantime, CleanSpark (NASDAQ:) jumped 7.8% on the day, whereas Coinbase (NASDAQ:) added 1.2%.

Different massive crypto miners together with Marathon Digital (NASDAQ:) and Riot Platforms (NASDAQ:) fell 3% and 1.2%, respectively.

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