Crypto-Related Stocks Rise as Strategy Gains 9.39% and Circle Adds 8.69%

According to Bitget, msx.com, and Bybit data cited by BlockBeats, crypto-linked equities climbed alongside higher U.S. indexes on April 23, with several names outperforming early as the S&P 500 and Nasdaq closed at record highs.

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Fact Check
The claim’s central facts are directly supported by the BlockBeats flash “美股标普500、纳指创收盘新高,加密股迎来普涨行情,MSTR大涨9.39% - BlockBeats,” which explicitly says the S&P 500 and Nasdaq set new closing highs and gives Circle at +8.69% and Strategy at +9.39%. The earlier BlockBeats flash “纳指涨幅扩大,刷新盘中历史新高 - BlockBeats” adds that the Nasdaq had already set a fresh intraday record at 24,537.58. That intraday record level is corroborated by the Yahoo Finance result “NASDAQ Composite (^IXIC) Historical Data - Yahoo Finance,” and the record-closing-high portion is corroborated by CNBC’s “S&P 500, Nasdaq close at records after U.S. extends Iran ceasefire.” There is no contradictory evidence among the gathered sources, so the claim is likely true.
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Summary

Crypto-linked stocks rose with a broader U.S. equity rally across April 22 and April 23, with major benchmarks reaching fresh highs and several digital-asset-exposed companies posting strong gains. According to Bitget data cited by BlockBeats, the Nasdaq Composite reached a fresh intraday record high on April 22 and gained 1.25%, while MicroStrategy, later referred to as Strategy, rose 9.41%, Coinbase gained 5.73%, Circle added 8.26%, SBET climbed 3.80%, and BMNR rose 6.10%. On April 23, msx.com data showed strong early gains in Strategy, Bitmine, Circle, SharpLink, Solana, and Coinbase, while broader indexes also advanced at the open. Later that day, Bitget data cited by BlockBeats showed Strategy up 9.39% and Circle up 8.69% as the Dow gained 0.69%, the S&P 500 rose 1.05%, and the Nasdaq advanced 1.64%, with the S&P 500 and Nasdaq both closing at record highs. Bybit closing data also showed Coinbase up 3.72% and Robinhood higher by 0.54%, indicating continued participation by crypto-related equities through the close, though some stock figures differ across reporting snapshots.

Terms & Concepts
  • Crypto-linked stocks: Publicly traded companies whose business performance or market valuation is closely tied to cryptocurrencies, digital asset activity, or blockchain-related services.
  • Nasdaq Composite: A major U.S. stock index tracking thousands of shares listed on the Nasdaq exchange, often used as a benchmark for technology and growth stocks.
  • Bitget: A cryptocurrency exchange that provides digital asset trading services and market data.