Shares of Coinbase Global (NASDAQ:COIN) moved in lockstep with Bitcoin’s gains which surpassed the $65,000 mark on Monday.
The recently approved Bitcoin exchange-traded funds (ETFs) and the upcoming April halving propelled the world’s largest digital token to its two-year high.
The company stock surged 6.5% to sell at $218.19 apiece at 7:46 am ET.