As Bitcoin reached a new all-time high of $107,000, stocks related to the crypto market saw significant gains. MicroStrategy acquired 15,350 BTC, bringing its total holdings to 439,000 BTC with a year-to-date yield of 72.4%. CEO Michael Saylor reiterated the company’s long-term commitment to digital assets. MARA Holdings stock rose 11% after securing 11,774 BTC, achieving a 47.6% return year-to-date, while Riot Blockchain expanded its holdings to 17,429 BTC, reporting a 37.2% yield. The surge in demand and investor activity highlights the growing correlation between Bitcoin’s performance and crypto-related equities, signaling a potential shift in market dynamics.
MicroStrategy, MARA, and RIOT Stocks Rise as Bitcoin Hits $107K
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