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.

- Advertisement -

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.

- Advertisement -

For more price information, see CoinGecko.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Bitcoin Outperforms Oil, Gold in US-Iran War Shock

Bitcoin has surged 12.1% since the onset of the US-Israeli conflict with Iran, outperforming...

Tradeweb Leads $31M Crypto Platform Crossover Series B

Tradeweb is leading a $31 million Series B in Crossover Markets, valuing the crypto...

Crypto Stocks Surge After Trump Backs Bitcoin Bill

Coinbase stock surged over 15% after former President Donald Trump expressed support for a...

Kraken Gets Fed Master Account, Banks Cry Foul

Kraken secured a Federal Reserve master account on Wednesday, becoming the first crypto bank...

Palihapitiya: Bitcoin’s Public Ledger A “Structural Failing”

Billionaire investor Chamath Palihapitiya argues Bitcoin has a "structural failing" in fungibility and privacy,...

Must Read

14 Ways On How to Make Money with Cryptocurrency

Many people want to make money with cryptocurrency because they have heard the success stories of people who became millionaires from zero.If you...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!