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Crypto Stocks Rip Higher as Strategy Jumps 12%, Coinbase Climbs 9%

DE
Decrypt Editorial
(07:51 PM UTC)
1 min read
DK
Verified byDavid Kim

In brief

  • Strategy (MSTR) led crypto-linked equities, up 11.95% to $103.58, while Coinbase (COIN) rose 9.05% to $159.47.
  • Circle (CRCL) added 9.44% to $78.50 and BitMine (BMNR) gained 9.68% to $20.05, tracking Bitcoin's surge toward $70,000 and a market-wide short squeeze.
  • Strategy and Coinbase also rank among Wall Street's most shorted large-cap stocks, meaning today's pop may be squeezing equity…

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