Crypto mining sector boosted
Shares in US crypto mining companies were boosted by Bitcoin’s rise. HIVE Digital Technologies (HIVE) gained more than 25% over the trading day, and momentum continued after‑hours with another 11% gain to $6.18.
Rivals Bitfarms (BITF) and IREN (IREN) also saw gains of around 15% to $3.46 and $57.75, respectively, with both continuing to rise after hours.
Meanwhile, major Bitcoin miner Riot Platforms (RIOT) gained 10.9% to $21.56, while MARA Holdings (MARA) jumped 9.3% to $20.57.
Bitcoin treasury shares are more varied
Bitcoin buying and holding companies saw mixed results on Monday, with the New York‑listed Hong Kong‑based Bitcoin treasury company DDC Enterprise (DDC) leading the day with gains of 22%.
Shares in major BTC‑buyer Strategy (MSTR) closed up 2.3%, while major Bitcoin treasuries GD Culture Group (GDC) and Strive (ASST) ended the session down 4.2% and 2.7%, respectively.
Other major Bitcoin holding firms also ended the day at a loss or flat, with Kindly MD finishing down 8.8% at $1.03, while Semler Scientific (SMLR) gained only 0.62%.
Meanwhile, altcoin treasury companies outperformed on the day, including the BNB (BNB) treasury company CEA Industries (BNC), which jumped 15.6% to $9.40, and the Solana (SOL) buying firm Forward Industries (FORD), which closed up 12.8% to $25.43.
Bitcoin hits new high above $126,000
The gains come as Bitcoin rallied to a new all‑time high of $126,080 on Monday, according to CoinGecko.
The cryptocurrency has been boosted as institutional investors have increasingly warmed to the asset, and by a weakening US dollar as traders flee to non‑American investments due to President Donald Trump’s on‑and‑off‑again tariffs.
Ether (ETH) has also gained 3% over the last day, trading at $4,675, just 5.3% off its late August all‑time high of over $4,900.