US stock market 'Bitcoin-related stocks', 'high-flying' surge due to Bitcoin's rise

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Coinbase stock breaks through the $300 mark for the first time in about 3 years
MicroStrategy stock sets a new high since the dot-com bubble

US stocks 'BTC-related stocks' soar as BTC hits new highs
As continues to hit new highs day after day, 'BTC-related stocks' in the US stock market surged on the 11th (local time).

has been setting new highs every day since the confirmation of the election of the 47th President of the United States, former President Trump. The heat of has been fully inherited by -related stocks.

Coinbase's stock price recorded a rise of more than 20% on the 11th, closing at $328.7. Coinbase stock has broken through the $300 per share mark for the first time in about 3 years since November 2021.

The stock price of MicroStrategy, known as a 'BTC accumulator', recorded an all-time high of $340, the highest in 24 years. The heat of MicroStrategy's stock also continued in the over-the-counter (OTC) market. MicroStrategy's stock price soared to around $351 in the OTC market on the 11th, the highest since the dot-com bubble.

MicroStrategy currently officially holds about 279,420 , establishing itself as the company with the largest holdings.

Meanwhile, surpassed $89,000 in the morning of the 12th amid a surge. 's market capitalization has jumped to 8th place, surpassing silver in the asset rankings.

At 9 am on the 12th, , which has entered a correction, is recording $87,875 based on CoinMarketCap.

Reporter Kwon Seung-won ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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