MicroStrategy and Coinbase marked 6% and 9% gains respectively, before the bell in New York
The share prices of Bitcoin-focused MicroStrategy and crypto exchange Coinbase have surged during the pre-market trading session following a Bitcoin price rise above $45,000 and the Bitcoin ETF decision deadline of Jan 10.
Shares of Coinbase and MicroStrategy saw gains of 6% and 9%, respectively, during the pre-market trading session on Jan. 2. Coinbase stock rose 6.4% to $184.99 while MicroStrategy shares rose by 9.14% to $689.11.
The pre-market trading session typically occurs in the hours leading up to the 9:30 a.m. ET market open in New York each trading day. It allows investors to buy and sell stocks ahead of the open market.
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Source: https://cointelegraph.com/news/bitcoin-focused-company-shares-surge-in-pre-market-as-btc-breaks-45-000