Business Standard

Monday, December 30, 2024 | 10:28 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

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

bitcoin, cryptocurrency
Premium

The world’s largest digital currency has more than tripled in value this year, and some observers predict more to come

Bloomberg
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,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in