RIOT - Bitcoin gains continue as Musk tweets on bitcoin miners energy pact

Bitcoin (BTC-USD) continues to climb in trading Monday after Elon Musk tweeted that North American bitcoin miners agreed to publish current and planned renewable energy usage.MicroStrategy's (MSTR) said he hosted a meeting between Musk and the miners, which included Marathon Digital (MARA), Riot Blockchain (RIOT), Galaxy Digital (BRPHF), and Hive Blockchain (HVBTF), among others.The miners agreed to form the Bitcoin Mining Council "to promote energy usage transparency & accelerate sustainability initiatives worldwide," Saylor said.Bitcoin rises 16% to $39.1K. Other cryptocurrencies also gain: ethereum (ETH-USD), +25% to $2,592.62; dogecoin (DOGE-USD), +20% to 36 cents; Binance Coin (BNB-USD), +37% to $338.23; and Litecoin, +29% to $177.50.In after-hours trading, MARA slides 1.7%, RIOT falls 1.9%, MicroStrategy slips 0.5%.Last week, cryptocurrencies crashed after Elon Musk bashed bitcoin mining's energy usage.

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Bitcoin gains continue as Musk tweets on bitcoin miners energy pact