US Cryptocurrency Stocks Surge in Pre-Market Trading as Bitcoin Hits New Heights
With Bitcoin surpassing $82,000, US crypto stocks see significant gains in pre-market trading, led by notable performances from MicroStrategy and Semler Scientific.
Bitcoin (BTC), the leading cryptocurrency by market capitalization, soared past $82,000 for the first time this past weekend, propelling significant rises in U.S. crypto stocks ahead of market opening.
MicroStrategy, known for holding the largest Bitcoin assets (252,200 BTC), saw its shares surge over 11%, exceeding $300 per share.
Semler Scientific reported a remarkable 25% increase and approaches its yearly peak, while Coinbase shares jumped nearly 17%.
Among mining companies, Marathon Digital Holdings (MARA) led the way with a nearly 20% climb, bolstered by its Bitcoin assets totaling 26,842 BTC—second only to MicroStrategy. Other notable miners such as Riot Platforms and HIVE Digital Technologies also recorded gains in the double digits.
Additionally, CleanSpark announced it addressed a trading halt prompted by a clerical warrant conversion error amid its acquisition of GRIID last month.
Disclaimer: The analyst who authored this piece owns shares of MicroStrategy (MSTR), Riot Platforms (RIOT), Semler Scientific (SMLR), and Marathon Digital Holdings (MARA).
