The stock prices of American crypto giant Coinbase and enterprise analytics firm MicroStrategy have surged after Bitcoin (BTC) hit an all-time high. Coinbase’s stock climbed past the $300 mark for the first time since 2021, while MicroStrategy’s stock hit a record high. These developments follow a rally in Bitcoin’s price, which broke its all-time high several times within the last 24 hours.
The rising stock prices of Coinbase and MicroStrategy can be attributed to growing investor confidence in crypto-related assets, as well as the potential for a more crypto-friendly approach from the incoming Trump administration.
