Bitcoin stocks march on as BlackRock looks for VP of blockchain

Dec. 28, 2020 10:42 AM ETRiot Blockchain, Inc. (RIOT), GBTC, MARA, BITWRIOT, MARA, GBTC, BITWBy: Kim Khan, SA News Editor40 Comments
  • Bitcoin is easing today (BTCU-USD, -1.1%), around $27K after surging above $28K, but Bitcoin-related stocks are still adding to gains.
  • Grayscale Bitcoin Trust (GBTC, +12.3%), Riot Blockchain (RIOT, +24.1%), Marathon Patent (MARA, +21.6%) and Bitwise 10 Crypto Index Fund (BITW, +8.2%) are all rallying.
  • BlackRock is looking to up its game in crypto, advertising for a VP of Blockchain, CoinDesk reports.
  • The brief is for the new hire to "create and implement strategies designed to drive demand for the firm's offerings and enhance the value proposition to clients of the firm’s investments and technology offerings."
  • Marathon Patent said today it agreed to purchase 70K miners from Bitmain.

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