Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $26K

Coinbase shares were up close to 7%, while those of MicroStrategy (MSTR), which holds billions of dollars of bitcoin on its balance sheet, were up 7.7%. Crypto mining stocks were up significantly, as well, led by Riot Platforms (RIOT), up 12%. Shares of Hut 8 (HUT) and Hive Blockchain Technologies (HIVE) were both up 7%.