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Investing.com – Shares of business analytics group MicroStrategy (NASDAQ 🙂 fell in U.S. premarket trading on Tuesday, leading declines in other cryptocurrency-linked names.
Virginia-based MicroStrategy, the largest corporate holder of , had previously announced that it intends to use the proceeds from a sale of $600 million in convertible senior notes to purchase more tokens.
Elsewhere, crypto miners Marathon Digital Holdings Inc (NASDAQ 🙂, Riot Platforms (NASDAQ 🙂 and clean spark Inc (NASDAQ 🙂 fell before the opening bell in New York.
Bitcoin, the world's most popular cryptocurrency, had gained 3.8% to $67,600 as of 08:13 ET (13:13 GMT). The digital asset had retreated slightly from a surge in Asian trading that had seen its price hit a more than two-year high of $68,450.9 and just shy of an all-time peak of $68,999.
Recently, Bitcoin has been mainly supported by steady capital inflows into the token following the approval of several US exchange-traded funds that directly track its price.
