Crypto mining, treasury stocks strike gold as Bitcoin booms
Bitcoin rallied to a new all-time high of over $126,000 on Monday, lifting share prices across crypto miners and some treasury companies.
Bitcoin’s new all-time high helped lift shares of Bitcoin miners and some crypto treasury companies on Monday, with most ending the trading day with double-digit percentage gains.
Argo Blockchain was the biggest global gainer among crypto miners on Monday, rallying over 96% on the London Stock Exchange to 5.3 British pence ($0.07), with its US rivals also posting gains of over 20% in some cases.
Crypto treasury companies were also boosted, with Worldcoin (WLD) buying firm, Eightco Holdings (ORBS), rallying over 34% to close trading at $11. It is, however, still down from its 2025 peak of $45, reached after announcing plans to amass the token.