U.S. Stock Market Update | Bitcoin-related stocks surge, with MicroStrategy rising over 9%.
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Bitcoin concept stocks surged, with MicroStrategy rising over 9%. On Monday, Bitcoin concept stocks saw significant gains, with MicroStrategy, Riot Platforms, Coinbase, Marathon Digital, and Canaan all rising by more than 7%. MicroStrategy and its subsidiaries purchased around 30,000 bitcoins for approximately $155.4 million in cash between February 15 and February 25, with each bitcoin priced at around $51,813.
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