Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Crypto Stocks MicroStrategy, COIN, MARA Open 2025 With Double-Digit Gains

Crypto Stocks MicroStrategy, COIN, MARA Open 2025 With Double-Digit Gains

CCNCCN2025/01/06 16:00
By:CCN

Key Takeaways

  • Crypto 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.

You May Also Like
  • Business Coinbase Stock Price in 5 Years: Wall Street Expects Further Growth for COIN Shares
  • Bitcoin (BTC) MicroStrategy, KULR, Metaplanet Hoard Bitcoin as Prices Soar Past $100K
  • Bitcoin (BTC) Vivek Ramaswamy’s Strive Looks To Capitalize on MicroStrategy’s Bitcoin Strategy With New ETF

Bitcoin Surge Pushes MSTR, COIN, Metaplanet in Green

MicroStrategy (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.

Crypto Stocks MicroStrategy, COIN, MARA Open 2025 With Double-Digit Gains image 0 MicroStrategy stocks rose to a new multi-week high. Source: Google

The 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).

Crypto Stocks MicroStrategy, COIN, MARA Open 2025 With Double-Digit Gains image 1 Metaplanet stock surge in green. Source: Google

The 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 Highs

Bitcoin mining companies were among the top performers for the week, with several stocks hitting new highs after weeks of stagnation.

Hut 8 Mining Corporation (HUT) led the pack, recording a 26% surge in the new year, with its stock price reaching $26.67. The company’s impressive rally has fueled renewed optimism in the mining sector.

Riot Blockchain (RIOT), the Texas-based Bitcoin mining company, was the second largest gainer among the public Bitcoin miners. RIOT stocks surged over 20% in the new year, rising from $10 on Dec. 31 to $12.89 earlier today.

Crypto Stocks MicroStrategy, COIN, MARA Open 2025 With Double-Digit Gains image 2 Riot mining recorded a 20% weekly surge. Source: Google.

MARA (formerly Marathon Digital), which holds the second-largest Bitcoin stash among public companies, also saw a 13% increase in its stock price, which hit $20.55. The company’s stock has climbed by 5% in just 24 hours.

Crypto Stocks MicroStrategy, COIN, MARA Open 2025 With Double-Digit Gains image 3 Marathon Digital stocks surged over $20. Source: Google

CleanSpark (CLSK), another key player in the Bitcoin mining space, saw a 20% rise in its stock, reaching a multi-week high of $11.43. The company also saw a 6% increase in just one day.

The resurgence of crypto stocks is a promising sign of positive trader sentiment in early 2025.

With Bitcoin’s rally and a stronger-than-expected start to the year, the outlook for January and February is optimistic.

The crypto market is poised for more bullish momentum, with heightened expectations surrounding the Jan. 20 inauguration of former President Donald Trump, which may further influence market sentiment.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Elon Musk Sued Over Stock Fraud Twitter

HappyCoinNews2025/01/16 10:44

Thai authorities consider approving bitcoin ETF

HappyCoinNews2025/01/16 10:44

Trump and Musk dine with Microsoft CEO to discuss AI, cybersecurity and American jobs

Share link:In this post: Microsoft Corp.’s Satya Nadella joins Donald Trump and Elon Musk for the discussion of AI and cybersecurity The statement said that the conversation was based on several topics, including the US firm’s pledge to invest $80 billion in AI data centers globally. Over $50 billion of that investment is expected to support American jobs.

Cryptopolitan2025/01/16 09:33

Litecoin ETF may be near SEC approval after Canary Funds amends the filing

Share link:In this post: Canary Capital filed an amended S-1 registration statement for its Litecoin ETF on January 13. Senior ETF analyst at Bloomberg Eric Balchunas believes the SEC’s recent response to Canary’s Litecoin S-1, improves the chances that a Litecoin ETF will be approved soon. Canary Capital also filed its S-1 registration statement for Solana and XRP ETFs in October.

Cryptopolitan2025/01/16 09:33