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Crypto-linked stocks extend rally that produced 400% gains



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The price of Bitcoin briefly rose above $28,000 Wednesday to a record high, bringing its December gain to more than 40%.Cryptocurrency-linked stocks rose Wednesday as Bitcoin headed for its biggest monthly gain since 2019, extending a rally that’s seen some companies’ shares more than quintuple since the end of October.
Marathon Patent Group Inc., which has soared 444% over the past two months, added another 4.4% Wednesday. Riot Blockchain Inc. rose as much as 7.1% Wednesday after gaining 383% since Oct. 30. And Bit Digital Inc., which surged 81% on Monday alone, jumped another 31%.

Canadian-listed Hive Blockchain Technologies gained as much as 6% early Wednesday, with shares nearly …

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