US Stock Price Fluctuated | Bitcoin concept stocks rise, MicroStrategy (MSTR.US) up over 8%

date
27/02/2024
avatar
GMT Eight
On Tuesday, stocks related to Bitcoin continued to rise. As of the time of writing, MicroStrategy (MSTR.US) has risen by over 8%, Coinbase (COIN.US) and Marathon Digital (MARA.US) have risen by over 5%, and Riot Platforms (RIOT.US) has risen by over 2%. Bitcoin rose to a two-year high yesterday and continues to rise today, with the cryptocurrency currently up nearly 5% at $57,218.3 per coin. Earlier reports stated that MicroStrategy purchased close to 3,000 Bitcoins between February 15th and 25th, spending $155 million with an average purchase price of $51,813 per coin. As of February 25th this year, MicroStrategy and its subsidiaries hold a total of 193,000 Bitcoins.

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