Home BlockchainStrategy, BitMine, Coinbase Shares Chart Major Rebound as Bitcoin Stabilizes

Strategy, BitMine, Coinbase Shares Chart Major Rebound as Bitcoin Stabilizes

by Decrypt
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Strategy, BitMine, Coinbase Shares Chart Major Rebound as Bitcoin Stabilizes

In brief

  • Strategy stock rose 18% to $126.59 despite being 9.5% underwater on its 713,502 BTC treasury.
  • BitMine shares jumped 13.9% to $19.83, with plans to earn $1M daily from staking 4.28M ETH.
  • Coinbase gained 9.9% to $160.60 as volatility drives higher trading volumes and transaction revenue.

Bitcoin juggernaut Strategy, Ethereum giant BitMine Immersion Technologies, and crypto exchange Coinbase all looked much more verdant Friday as the price of BTC stabilized after dropping 14% on Thursday.

Strategy,…

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