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Bitcoin's Resurgence Drives Rally in Asian Cryptocurrency Stocks

Bloomberg business news
Bitcoin Surpasses $11,000

Bitcoin’s climb to above $11,000 for the first time in 15 months sparked gains in related Asian stocks Monday.

GMO Internet Inc. climbed 7% in Tokyo to its highest level since October, while Metaps Inc. jumped 11%, Remixpoint Inc. 6.2% and Ceres Inc. 4.4%. In Seoul, Vidente Co. climbed as much as 5.4% and Woori Technology Investment Co. added 4.6%.