BTC Price at Record Leaves Crypto Stocks Mixed as MSTR, GLXY Gain, COIN Falls
Bitcoin’s {{BTC}} climb to a record left crypto stocks with mixed reactions as some companies closely tied to the industry advanced while others fell.
The largest cryptocurrency by market capitalization rose more than 4% on Thursday, closing in on $118,000. It was recently trading at $117,700, up 5.78% over 24 hours.
Strategy (MSTR), the holder of the biggest BTC stash among publicly traded companies, rallied 3.2%, and Galaxy Digital (GLXY), which provides institutional services in crypto trading, added 4%. In Japan, Metplanet (3350), which is mimicking Strategy’s strategy of buying bitcoin for its treasury, rose 2.9% and The Blockchain Group (ALTBG), which is doing the same, rose 9.3% in Paris.
Bitcoin miners also rallied, with MARA…
