Strategy shares rose as Bitcoin rallied above $95,000 for the first time since November, lifting MicroStrategy and other crypto-linked equities. Coinbase and other crypto-related stocks also climbed ahead of the market open. Bitcoin’s surge reflected renewed enthusiasm for crypto exposure among investors.
MicroStrategy founder Michael Saylor increased his bets on Bitcoin in recent months. The gains extended to Coinbase, which was 1% higher ahead of the open after a 4% jump Tuesday. Bitcoin topped $95,000 for the first time since November, reinforcing renewed appetite for crypto exposure among investors.
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