Strategy, Coinbase Stocks Rising as Trump Meets With Crypto Execs — Barrons.com

By Janet H. ChoShares of Bitcoin-related companies are rising ahead of a meeting of cryptocurrency industry leaders and President Donald Trump.Bitcoin's price was also rising as the meeting was set to begin at the White House.Shares of Strategy, among the world's largest corporate holders of Bitcoin, were up 12.1% in mid-afternoon trading, at $103.72, on pace for their largest percentage increase since June 29, according to Dow Jones Market Data. It is Wednesday's best performer in the Nasdaq 100, and the fourth most-active stock.The stock is up 11.2% this month, but down 31.7% this year.Coinbase Global stock is up 9.7%, at $160.46, on pace for its highest close since July 30, and its largest percentage increase since March 4. Coinbase is up 9.7% this month, but down 29% this year. It is today's fourth-best performer in the S&P 500.CoinDesk's Bitcoin Price Index was up 5.7%, at $68,273 on Wednesday afternoon.This is a developing story. Please check back for further updates soon.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.