Shares of crypto-linked stocks are trading higher after Bitcoin rose above $67,000.
Portfolio Pulse from Benzinga Newsdesk
Shares of crypto-linked stocks are trading higher after Bitcoin rose above $67,000.
July 26, 2024 | 1:08 pm
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POSITIVE IMPACT
CleanSpark Inc. shares are trading higher as Bitcoin surpasses $67,000.
CleanSpark Inc. is involved in the crypto mining industry, and its stock price is positively correlated with Bitcoin prices.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Coinbase Global Inc. shares are trading higher as Bitcoin surpasses $67,000.
Coinbase Global Inc. operates a cryptocurrency exchange platform, and its revenue is directly impacted by Bitcoin trading volumes.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Marathon Digital Holdings Inc. shares are trading higher as Bitcoin surpasses $67,000.
Marathon Digital Holdings Inc. is a major player in the Bitcoin mining industry, and its stock price is highly sensitive to Bitcoin price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
MicroStrategy Inc. shares are trading higher as Bitcoin surpasses $67,000.
MicroStrategy Inc. holds a significant amount of Bitcoin on its balance sheet, making its stock price sensitive to Bitcoin price changes.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Riot Blockchain Inc. shares are trading higher as Bitcoin surpasses $67,000.
Riot Blockchain Inc. is involved in Bitcoin mining, and its stock price is positively correlated with Bitcoin prices.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80