Bitcoin-Related Stocks Outpace BTC Price Gains in February
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Coinbase (COIN), Marathon Digital (MARA), CleanSpark (CLSK), and MicroStrategy (MSTR) outperformed Bitcoin in February with big stock gains.
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Coinbase reported strong Q4 earnings, beating estimates. Marathon Digital's annual revenue increased 229%.
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CleanSpark signed deals to expand Bitcoin mining capacity ahead of the upcoming Bitcoin halving in 2024.
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MicroStrategy continues growing its Bitcoin treasury, now worth over $10 billion.
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Bitcoin itself had a strong February, nearing its all-time high price again before a bout of volatility brought it back down.