Several Bitcoin (CRYPTO: BTC)-associated companies saw their shares rise in overnight trading Monday, as the apex digital asset continued its record-breaking bull run.
What happened: Strategy Inc. (NASDAQ:MSTR), the world's largest corporate Bitcoin holder, was up over 3% as of this writing, according to Robinhood.
Similarly, leading Bitcoin miners like MARA Holdings Inc. (NASDAQ:MARA) and Riot Platforms Inc. (NASDAQ:RIOT) advanced 3.71% and 3.62%, respectively, at last check.
Cryptocurrency exchange Coinbase Global Inc. (NASDAQ:COIN) and commission-free trading platform Robinhood Markets Inc. (NASDAQ:HOOD) also edged higher.
| Stocks | Overnight Gains +/- | Price (Recorded at 2:05 p.m. ET) |
| MARA Holdings | +3.71% | $19.85 |
| Riot Platforms | +3.62 | $12.87 |
| Strategy | +3.17% | $447.72 |
| Coinbase | +1.86% | $394.24 |
| Robinhood Markets | +1.20% | $99.52 |
The uptick comes after Bitcoin blasted past $122,000 to clock new highs, extending a rally that began last week.
Price Action: At the time of writing, Bitcoin was exchanging hands at $122,312.71, up 3.74% in the last 24 hours, and 12% over the week, according to data from Benzinga Pro.
Meanwhile, MSTR recorded a high Momentum score, but lagged in Value and Growth. If you’re looking for similar high-momentum stocks for your portfolio, go to Benzinga Edge Stock Rankings.
Photo: khunkornStudio via Shutterstock
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