Here's Why Cryptocurrency Stocks Are Soaring Today

Here's Why Cryptocurrency Stocks Are Soaring Today

China-based bitcoin mining specialist Bit Digital (NASDAQ: BTBT) rose as much as 23.3%. The bitcoin-focused investment fund Grayscale Bitcoin Trust (OTC: GBTC) posted a maximum gain of 24.9%. Business analytics company MicroStrategy (NASDAQ: MSTR), which recently converted most of its cash reserves into bitcoin, gained as much as 26.2%.