The post Crypto Stocks Coinbase, Marathon, MicroStrategy Shoots As Bitcoin Hits $82K appeared on BitcoinEthereumNews.com.

Crypto stocks such as Coinbase (COIN), MicroStrategy (MSTR) and Robinhood (HOOD) saw impressive gains as Bitcoin soared to a new all-time high of $82,000. The surge in Bitcoin price also ignited a rally in BTC mining stocks such as Marathon Digital (MARA) as high as 20% in pre-market hours on Monday. Crypto Stocks MicroStrategy, Coinbase Rise on Bitcoin Surge Analysts expect substantial inflows of $10-15 billion in MicroStrategy from index funds as MSTR stock nears possible inclusion in the S&P 500 index. Michael Saylor also announced that the company has acquired 27,200 BTC for $2.03 billion at $74,463 per BTC today. MSTR stock price surged by 11.12% in pre-market trading, reaching $300.50, as Bitcoin price skyrocketed to new all-time highs. The company’s strong Bitcoin strategy continues to drive investor confidence, with its stock price reflecting increased demand for exposure to Bitcoin without directly purchasing the cryptocurrency. Other crypto-related stocks like Coinbase (COIN) also saw impressive gains, opening 16.10% higher at $314.34. The crypto trading on the exchange has increased massively as investors go massively bullish. Meanwhile, Robinhood Markets (HOOD) surged by 7.40%, trading at $32.80, as investor enthusiasm builds around Bitcoin performance. This rally in crypto stocks aligns with the broader optimism in the crypto market, fueled by Bitcoin continued rise. Marathon, CleanSpark, and Riot Bitcoin Mining Stocks Gain Momentum in Pre-Market Bitcoin mining stocks are showing impressive pre-market gains as investor interest surges. Marathon Digital (MARA), CleanSpark (CLSK), and Riot Platforms (RIOT) are all riding the wave of positive momentum, with their stock prices climbing significantly in early trading. Marathon Digital (MARA) is seeing a notable 15.84% increase, with its pre-market price reaching $22.32, while CLSK is 0.44% down, with shares trading at $13.51. Riot Platforms (RIOT), another leading Bitcoin mining company, is also gaining traction, with a pre-market…

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Filed under: News - @ November 11, 2024 7:24 pm