Bitcoin Hits $126K, Propelling Miners’ Stocks to Double-Digit Gains

Bitcoin Hits Record High, Fueling Double-Digit Gains for Crypto Mining and Treasury Stocks

  • Bitcoin surge drove double-digit gains for crypto mining stocks and treasury firms on Monday.
  • Argo Blockchain led growth with a 96% rise on the London Stock Exchange.
  • U.S. miners like HIVE Digital Technologies, Bitfarms, and IREN posted over 15% gains during regular and after-hours trading.
  • Some crypto treasury companies had mixed results, with DDC Enterprise advancing 22% and others like Kindly MD falling almost 9%.
  • Bitcoin reached a new all-time high above $126,000, supported by increased institutional interest and a weaker U.S. dollar.

Bitcoin’s price hit a record high above $126,000 on Monday, triggering significant gains for companies tied to the cryptocurrency market, especially publicly traded miners and treasury firms, according to CoinGecko data.

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Argo Blockchain, a U.K.-based crypto miner, saw its shares jump 96% on the London Stock Exchange, closing at about $0.07. U.S. rivals also experienced strong trading days, with HIVE Digital Technologies gaining more than 25% and moving up another 11% after hours to $6.18. Bitfarms and IREN both saw increases of around 15%, with ongoing momentum after the market closed.

Meanwhile, major miner Riot Platforms climbed 10.9% to $21.56, and MARA Holdings rose 9.3% to $20.57. Companies holding large cryptocurrency portfolios, sometimes called treasury companies, posted mixed results. DDC Enterprise, based in Hong Kong and listed in New York, gained 22%. In contrast, Strategy (MSTR) edged up 2.3%, while GD Culture Group (GDC) lost 4.2% and Strive (ASST) ended down 2.7%. Kindly MD posted the sharpest loss, falling 8.8% to $1.03, while Semler Scientific stayed nearly flat with a 0.62% rise.

Other altcoin treasury firms outperformed, including the BNB-holding company CEA Industries, up 15.6% to $9.40, and Solana investor Forward Industries, up 12.8% to $25.43. Crypto-focused company Eightco Holdings, which is connected to Worldcoin (WLD), gained more than 34%, closing at $11, but remained below its previous peak of $45.

The sharp rise in Bitcoin’s price has been associated with growing institutional investment and a weaker U.S. dollar, as investors move money outside U.S. markets due in part to shifting tariff policies. Ethereum (ETH) also rose 3% in the last day, trading at $4,675—about 5% below its earlier record.

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For more price information, see CoinGecko.

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