{"id":139734,"date":"2026-03-04T17:36:50","date_gmt":"2026-03-04T17:36:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=139734"},"modified":"2026-03-04T17:36:50","modified_gmt":"2026-03-04T17:36:50","slug":"strategy-mstr-coinbase-coin-surge-as-bitcoin-pumps-near-73000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=139734","title":{"rendered":"Strategy (MSTR), Coinbase (COIN) Surge as Bitcoin Pumps Near $73,000\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strategy (MSTR), Coinbase (COIN) Surge as Bitcoin Pumps Near $73,000\u00a0<\/a><\/p>\n

<\/div>\n

Shares of Strategy, Inc. (MSTR) jumped<\/a> 12.3% to $148.94 on Wednesday, marking a sharp rebound for the Bitcoin proxy after months of losses<\/a>.\u00a0<\/p>\n

Coinbase Global (COIN) rose 16.2% to $211.84, extending its recent rally, while Robinhood Markets (HOOD) gained 8.5% to $82.50.\u00a0<\/p>\n

The moves comes as Bitcoin surged<\/a> past $73,000 this morning, hitting a one-month high after recovering from six straight weekly losses and five months of declines.<\/p>\n

The rebound came as traders covered bearish bets and adjusted positions, following heavy shorting amid fears of an escalating conflict in Iran.<\/p>\n

Bitcoin mining and crypto services stocks also advanced. Galaxy Digital Holdings (GLXY) climbed 15% to $23.78, underscoring the broader sector\u2019s sensitivity to Bitcoin momentum. Marathon Digital (MARA) rose 6.76% to $9.24 today, adding $0.59 per share.<\/p>\n

Broadly speaking, many crypto-related stocks and altcoins are following Bitcoin\u2019s lead and posting strong green days.\u00a0<\/p>\n

Earlier this week, Strategy purchased<\/a> 3,015 bitcoin for around $204 million, raising its total holdings to 720,737 BTC acquired at an average of $75,985 per coin. The current bitcoin price is getting near to that average.\u00a0<\/p>\n

Bitcoin moves after Coinbase meets with President Trump<\/h2>\n

Yesterday, President Donald Trump met privately<\/a> with Coinbase CEO Brian Armstrong. The meeting came just before Trump criticized banks for blocking progress on cryptocurrency legislation, aligning with Coinbase\u2019s stance.\u00a0<\/p>\n

On Truth Social, Trump said banks \u201cneed to make a good deal with the Crypto Industry\u201d and called it unacceptable that the recently passed GENIUS Act is \u201cbeing threatened and undermined by the Banks.\u201d<\/p>\n

The dispute revolves around whether crypto exchanges can offer rewards programs that pay annual percentage yields on stablecoins, digital tokens pegged to $1.\u00a0<\/p>\n

Banks argue such yields could siphon deposits from traditional accounts, threatening lending operations, and are pushing for a ban in pending Senate legislation. Coinbase and other digital asset firms oppose restrictions, claiming they would stifle innovation and competition.<\/p>\n

In January, Armstrong opposed amendments to the crypto bill limiting stablecoin rewards. Senate markup of the legislation was postponed, leaving the bill stalled.\u00a0<\/p>\n

The White House has attempted mediation between banks and crypto firms, but no resolution has been reached.<\/p>\n

At the time of writing, Bitcoin is trading above $73,000 with an intraday high of $73,800. It is up roughly 8% on the day. <\/p>\n

This post Strategy (MSTR), Coinbase (COIN) Surge as Bitcoin Pumps Near $73,000\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strategy (MSTR), Coinbase (COIN) Surge as Bitcoin Pumps Near $73,000\u00a0 Shares of Strategy, Inc. (MSTR) jumped 12.3% to $148.94 on Wednesday, marking a sharp rebound for the Bitcoin proxy after months of losses.\u00a0 Coinbase Global (COIN) rose 16.2% to $211.84, extending its recent rally, while Robinhood Markets (HOOD) gained 8.5% to $82.50.\u00a0 The […]<\/p>\n","protected":false},"author":0,"featured_media":139735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-139734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139734"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139734"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/139735"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}