Cryptocurrency-linked stocks surge as Bitcoin hits $23,000 milestone

Cryptocurrency-exposed stocks soared on Thursday as Bitcoin smashed through another record. Bitcoin topped $23,000 per token on Thursday, having only surpassed the $20,000-milestone for the first time on Wednesday. The digital currency is currently trading at $23,153, according to a composite of prices compiled by Bloomberg.
 

Early Thursday stock gains included Marathon Patent Group’s rise of as much as 20 per cent, lifting shares to the highest since March 2018. Bit Digital climbed as much as 20 per cent, Riot Blockchain added 10 per cent, and MicroStrategy rose 7.8 per cent, while Silvergate Capital, which was upgraded at at KBW,