Shares of crypto-related stocks are trading higher after Bitcoin reached $30,000.
Portfolio Pulse from Benzinga Newsdesk
Crypto-related stocks are trading higher following Bitcoin's surge to $30,000. Stocks mentioned include CLSK, COIN, MARA, MSTR, and RIOT.
October 20, 2023 | 5:00 pm
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POSITIVE IMPACT
CleanSpark (CLSK) stock is trading higher due to Bitcoin's surge.
As a company involved in the crypto industry, CleanSpark's stock price is likely to be positively influenced by the surge in Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coinbase (COIN) stock is trading higher due to Bitcoin's surge.
As a cryptocurrency exchange, Coinbase's stock price is likely to be positively influenced by the surge in Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Marathon Digital Holdings (MARA) stock is trading higher due to Bitcoin's surge.
As a digital asset technology company, Marathon Digital Holdings' stock price is likely to be positively influenced by the surge in Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MicroStrategy (MSTR) stock is trading higher due to Bitcoin's surge.
As a company that holds a significant amount of Bitcoin, MicroStrategy's stock price is likely to be positively influenced by the surge in Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Riot Blockchain (RIOT) stock is trading higher due to Bitcoin's surge.
As a company involved in Bitcoin mining, Riot Blockchain's stock price is likely to be positively influenced by the surge in Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80