Check out the companies making headlines in midday trading:
Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4, the day bitcoin hit the $100,000 level for the first time .
plans to allocate up to 90% of its surplus cash to bitcoin, borrowing a page from MicroStrategy's playbook. Honda — U.S.-listed shares rallied 4%, continuing to advance after the automaker announced official merger talks earlier this week with fellow Japanese automaker Nissan. That gain raised its week-to-date advance above 18%.
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