Coinbase stock and shares of other crypto-related companies rose on Monday as Bitcoin reached a fresh all-time high of $84,000, last at $83,987.

Canaan rose 36%; Bit Digital rose 24%; Marathon Digital rose 23%; CleanSpark rose 22%, once trading resumed; Coinbase rose 17%; MicroStrategy rose 16%.

CleanSpark, Inc., a company specializing in bitcoin mining and data center operations, last week clarified the recent trading halt of its stock and warrants on the Nasdaq. The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company's business or financials.

The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark's acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.

As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark's common stock at an exercise price of $165.24 per full share.