Three Stocks Poised to Benefit the Most from a Spot Bitcoin ETF Approval
Two penny stocks in particular could go up substantially.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Central banking proved to be a powerful MSTR and BTC booster.
Two penny stocks in particular could go up substantially.
Cryptocurrency-related stocks tumbled sharply at the Monday open, echoing Bitcoin's retreat below $42,000.
Bitcoin jumped above $38,000 on Dec. 1 for the first time in 18 months, driven by the latest spot BTC ETF developments.
MicroStrategy topped up its Bitcoin holdings to over 174,530 BTC on Thursday.
Is the BTC rally just a small taste of Bitcoin ETF gains?
MicroStrategy's shares edged 3% higher in Monday premarket after Bitcoin rose to $30,600.
MicroStrategy opened 3% on Friday after Bitcoin briefly reclaimed the $30,000 mark amid market optimism.
Three strong buy stocks become more compelling after fake news.
Michael Saylor's MicroStrategy bought over 5,400 BTC, new filings revealed, taking its total BTC holdings worth to $4.68 billion.
MicroStrategy's shares gained in Tuesday premarket session following Bitcoin's rebound above $26,000.
MicroStrategy's BTC stake is currently worth $4.23 billion.
The firm recorded a net income of $461M and managed to beat its revenue forecast.