Crypto stocks see mixed performance as Bitcoin climbs to $67.7K


 ​[[{“value”:”Crypto stocks see mixed performance as Bitcoin climbs to $67.7K By

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AuthorVahid KaraahmetovicCryptocurrency

Published Mar 07, 2024 03:31PM ET

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

Bitcoin (BTC) rose higher on Thursday to $67,700, bringing its total gain this week to around 7.3%.

On Tuesday, the flagship cryptocurrency notched a new all-time high of $69,210, topping its previous peak recorded during the bull run in late 2021.

Bitcoin’s latest upswing led to a mixed performance among crypto stocks.

Notably, shares of MicroStrategy (MSTR) added 4.1% on Thursday, and more than 20% since Monday. Earlier in the week, Michael Saylor’s business intelligence firm announced plans to raise $600 million through a convertible debt sale in a private offering.

The company said it would use the raised funds to acquire more BTC.

Meanwhile, CleanSpark (NASDAQ:CLSK) jumped 7.8% on the day, while Coinbase (NASDAQ:COIN) added 1.2%.

Other big crypto miners including Marathon Digital (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT) fell 3% and 1.2%, respectively.

Crypto stocks see mixed performance as Bitcoin climbs to $67.7K

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