BUZZ-Crypto-related stocks climb as bitcoin jumps over 6%

Reuters
2024-09-17

** Cryptocurrency and blockchain-related stocks climb as bitcoin hits three-week high on Tues

** Bitcoin , world's biggest cryptocurrency, recently up >6% at $61,201, while Ether up 4.7% at $2,381.50

** Crypto exchange Coinbase Global up >3%, and blockchain farm operator Bitfarms up >4% on Tues

** Crypto miners rise: Riot Platforms 3%, Marathon Digital ~3%, Hut 8 ~6%, Bit Digital >12%

** Shares of notable BTC hoarder MicroStrategy up 1.7%. Software firm late Mon announced

$700 mln convertible debt offering

** ProShares Bitcoin Strategy ETF gaining 5.5%

** Including move on the session, BTC up ~44% in 2024

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@thomsonreuters.com lance.tupper@tr.com 1-646-279-6380))

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