Coinbase saw almost $222 million in combined call option block trades as the stock rallies a fourth straight session, amid increased investor appetite for Bitcoin.
The stock gained 2.5% to $257.61 at 3:56 p.m. in New York, after touching an intra-day high of $263.80. The provider of crypto-powered technologies including self0-custody wallets and trading platform saw it shares rise even as the $S&P 500 Index (.SPX.US)$ and the $NASDAQ 100 Index (.NDX.US)$ struggled...