Shares of several cryptocurrency-related companies soared on Tuesday as
Bitcoin (CRYPTO: BTC) posted a major recovery from a low of $49,506 on Monday to trade at $54,566.20 at press time.
What Happened: Bitcoin equipment manufacturer
Canaan Inc (NASDAQ:CAN) shares closed 50.45% higher at $28.69 and rose 3.87% to $29.80 in the after-hours session.
Sos Ltd (NYSE:SOS), which received cryptocurrency mining equipment ahead of schedule in February, saw shares spike 21.09% in regular trading to $6.66 and added 2.40% gains in the after-hours.
Colorado-based
Riot Blockchain Inc (NASDAQ:RIOT) jumped 33.81% in the regular session to $52.16 and rose 5.16% to $54.85 in after-hours trading. Riot is focused on BTC mining.
Ebang International Holdings Inc (NASDAQ:EBON) announced intent to foray into
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