Strategy rises 4.74% as U.S. crypto stocks gain intraday

U.S. crypto-related stocks moved higher intraday on Aug. 18, led by Strategy, which rose 4.74%, according to BIT(bit.com) market data. The company did not add to its Bitcoin holdings last week, sold $334 million of stock, and increased its dollar reserves to $4.8 billion. Strategy's STRC perpetual preferred stock (preferred shares with no maturity date) gained 0.17% to $94.94. Elsewhere, Coinbase rose 1.64%, Circle climbed 4.2%, BitMine Immersion advanced 4.3%, and SharpLink Gaming added 2.64%.

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