Crypto treasuries lead stock recovery after shaky start to December — TradingView News
Digital asset treasuries (DATs) are leading a crypto stock recovery as markets rebound following a big leverage flush to start the month.
Ether DATs recovered strongly on Tuesday, including Nasdaq-listed EthZilla (ETHZ) which gained 12.35% on the day to $10.80 in after-hours trading, according to Google Finance.
The world’s largest Ether (ETH) treasury, BitMine — which has been reportedly buying the dip this week — also saw double-digit stock gains on Tuesday with a 10.26% gain for BMNR.
BitMine shares reached $32.40 in after-hours trading, up more than 650% since it announced its Ether strategy in late June.
Meanwhile, the top-performing crypto stock of the day was mining and crypto investment firm Thumzup Media Corp (TZUP),…
