Coinbase (COIN) Surges 18%, Strategy (MSTR) Jumps 10% as Crypto Stocks Jump
Crypto-linked stocks surged, with Coinbase jumping 18% and Strategy (MSTR) rising 10% amid a rotation into risk assets.Summary
U.S. markets experienced a rotation into risk assets, leading to significant gains for crypto-linked stocks. Coinbase (COIN) surged over 18%, despite recently reporting a $666.7 million Q4 2025 loss due to sagging crypto volumes, though subscription and services revenue showed strength. This rally occurred after COIN shares had slid recently amid market caution and analyst downgrades.
Strategy (MSTR) also saw a notable 10% rise, tracking Bitcoin's rebound. MSTR continues to commit to adding to its Bitcoin treasury, recently purchasing over 1,100 BTC. However, the company posted a multi-billion dollar quarterly loss, largely due to mark-to-market declines on its Bitcoin holdings. Executive Chairman Michael Saylor remains committed to holding Bitcoin through volatility.
Other sector stocks also gained, with Circle (CRCL) climbing about 7% and Galaxy Digital (GLXY) rising 6.5%, indicating positive momentum for the crypto stock sector.
(Source：Bitcoin Magazine)