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Author: Admin | 2025-04-28
Key TakeawaysCrypto stocks see double-digit gains on their first day back.Bitcoin mining companies lead the charge with notable stock surges.Leading crypto stocks hit new multi-week highs after weeks of sideways movement.Bitcoin’s (BTC) breakout above $100,000 sparked a wave of optimism in the crypto market, propelling crypto stocks to double-digit growth on their first day of the new year.Public companies with significant Bitcoin holdings or exposure, including MicroStrategy, Coinbase, and Marathon Digital, saw their stock prices surge in response to Bitcoin’s rally.Bitcoin Surge Pushes MSTR, COIN, Metaplanet in GreenMicroStrategy (MSTR), the pioneer of the Bitcoin standard, recorded a 12% gain on the 24-hour chart as its stock price touched a new multi-week high of $380. MSTR stock price have risen over 18% in the new year.MicroStrategy stocks rose to a new multi-week high. Source: GoogleThe surge came after MicroStrategy’s latest Bitcoin purchase of $101 million, bringing its total holdings to 447,470 BTC, valued at approximately $45 billion.Coinbase (COIN), the first major U.S. crypto exchange to go public, also rode Bitcoin’s rally. The company’s stock jumped 6.89% in one day, bringing its value to $287.70, marking a 13% increase for the year.Meanwhile, Japan-based Metaplanet, an investment firm, saw its stock rise 9%, reaching ¥3,775 ($23).Metaplanet stock surge in green. Source: GoogleThe company has been accumulating Bitcoin, purchasing 1,761 BTC over the last six months, and is aiming for a total of 10,000 BTC by 2025.Bitcoin Mining Companies Record New HighsBitcoin mining companies were among the top performers for the week, with several
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