Crypto stocks see mixed performance as Bitcoin climbs to $67.7K
Crypto stocks see mixed performance as Bitcoin (BTC) climbs to $67.7K
BTC/USD
+0.83%
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RIOT
-1.24%
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COIN
+1.71%
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CLSK
+7.51%
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MSTR
+4.32%
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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.
