Proactive Investors - Stocks exposed to cryptocurrencies and other digital assets were mixed as Bitcoin retreated after reaching a record-high price of $73,798 on Thursday.
Shares of Bitcoin traded about 7.5% below its new high at about $68,200 shortly before noon on Friday.
After sinking into the red earlier in the session, crypto exchange platform Coinbase Global Inc (NASDAQ:COIN) rallied to trade 1.7% higher at about $238.
Elsewhere, software-turned-cryptocurrency holding company MicroStrategy Incorporated (NASDAQ:MSTR) traded 0.8% lower at $1,663.
The firm on Friday unveiled the pricing of its $525 million debt offering, the proceeds of which it intends to use to acquire additional Bitcoin.
As of February 25, the company holds 192,000 Bitcoin purchased at an average price of $31,544.