Record Bitcoin rally sends mining and treasury shares soaring
Bitcoin (BTC) surged to a new all-time high above $126,000 on Monday, triggering a powerful rally across crypto mining stocks and treasury-backed companies. The broader digital asset market responded positively, reflecting renewed investor optimism and heightened institutional participation.
Bitcoin’s rise — up nearly 27% in the past month — pushed major miners into double-digit gains. Argo Blockchain led global performance with a remarkable 96% jump on the London Stock Exchange, closing at 5.3 pence ($0.07). In the United States, HIVE Digital Technologies advanced more than 25% during trading hours, followed by an additional 11% after hours, reaching $6.18.
Rivals Bitfarms (BITF) and IREN (IREN) climbed around 15%, while Riot Platforms (RIOT) and MARA Holdings (MARA) rose 10.9% and 9.3%, respectively.
“The rally across mining equities reflects growing investor confidence that higher Bitcoin prices will directly translate into improved margins and hash-rate profitability,” said one digital assets strategist.
Mixed Performance Among Treasury Companies
Bitcoin treasury firms — companies holding BTC as part of their balance sheet — showed mixed reactions. DDC Enterprise led with a 22% gain, while Strategy (MSTR), a major Bitcoin holder, advanced 2.3%. Others, including GD Culture Group (GDC) and Strive (ASST), slipped modestly by 4.2% and 2.7%.
Meanwhile, altcoin treasuries outperformed. The BNB-backed CEA Industries (BNC) rallied 15.6%, and Solana-focused Forward Industries (FORD) gained 12.8%, reflecting a broader appetite for blockchain-related equities.
Institutional Flows and Weak Dollar Fuel Bitcoin Rally
Bitcoin’s surge comes amid a weaker US dollar and growing institutional demand. Analysts cite ETF inflows, corporate adoption, and the expansion of Bitcoin treasury strategies as key drivers behind the breakout.
At press time, Bitcoin trades near $124,500, consolidating after its record high. Ethereum (ETH) followed suit, rising 3% to $4,675, just 5% below its previous peak — underscoring the ongoing bullish momentum across the crypto market.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.