By Dave Sebastian
Shares of bitcoin mining firm Stronghold Digital Mining Inc. rose greater than 50% of their buying and selling debut to round $29.61 Wednesday.
The corporate had priced its preliminary public providing at $19 a share.
Stronghold Digital Mining’s debut follows the buying and selling of the primary U.S. exchange-traded fund linked to bitcoin. The brand new fund, which holds bitcoin futures contracts slightly than the cash themselves, makes it simpler for regulated establishments to get publicity to bitcoin and the broader crypto market.
Write to Dave Sebastian at dave.sebastian@wsj.com
