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Bitcoin Rally Lifts Crypto Stocks as Canaan Jumps 25%

Bitcoin rose more than 20% for the week as Treasury buybacks and a $2.7 billion short squeeze lifted crypto stocks.

Summary by Cointelegraph
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting double-digit gains as crypto stocks surged.

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IBTimes broke the news in New York, United States on Friday, August 21, 2026.
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