Bitcoin Surge Boosts Crypto Stocks Including MSTR, CAN, EBON

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Bitcoin's recent rise has positively impacted the US stock market, particularly on crypto-related stocks. MicroStrategy (MSTR, Financial) saw nearly a 6% increase, while Canaan Inc. (CAN) and Ebang International (EBON) jumped over 3%. Both Coinbase (COIN) and CleanSpark (CLSK) along with Riot Platforms (RIOT) also experienced gains exceeding 2%. Bitcoin's value itself rose more than 1%, surpassing $66,000 per coin, marking its highest level since July 31.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.