Summary
- US crypto-linked stocks were broadly higher shortly after the market open.
- Strategy (MSTR) was up 3.2% in early trading, after selling $334 million worth of stock and increasing its dollar reserves to $4.8 billion.
- Coinbase (COIN) rose 1.07%, Circle (CRCL) 1.6%, BitMine Immersion Technologies (BMNR) 2.6%, and SharpLink Gaming (SBET) 1.42%, all higher.
Crypto-linked stocks rose across the board shortly after the US market opened.
BlockBeats reported on August 17 that Strategy (MSTR) was up 3.2% in early trading.
Strategy did not buy additional Bitcoin last week and sold $334 million worth of stock. Its dollar reserves increased to $4.8 billion.
Coinbase (COIN) rose 1.07% and Circle (CRCL) gained 1.6%. BitMine Immersion Technologies (BMNR) climbed 2.6%, while SharpLink Gaming (SBET) added 1.42%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.