30s Summary

Crypto stocks in the U.S. surged over 10% as Bitcoin hit a new high of over $82,000. Semler Scientific emerged as a top performer, recording a 25% increase in pre-market trading, while MicroStrategy shares exceeded the $300 mark. Bitcoin’s market capitalization also surpassed $82,000 for the first time, which boosted U.S. crypto stock prices. Among mining companies, Marathon Digital Holdings (MARA) led with a nearly 20% increase, while other companies recording significant increases included Riot Platforms, IREN, and HIVE Digital Technologies.

Full Article

Crypto stocks in the U.S. have recently seen a jump of over 10% as bitcoin hit a new high of over $82,000. One of the top performers is Semler Scientific, which saw a whopping 25% increase in pre-market trading. Meanwhile, MicroStrategy shares have gone past the $300 mark.

The article’s analyst owns shares in MicroStrategy, Riot Platforms, Semler Scientific, and Marathon Digital Holdings.

Over the weekend, the market capitalization of Bitcoin, the top digital currency, exceeded $82,000 for the first time in history. This development boosted the prices of U.S. crypto stocks before the market officially opened.

MicroStrategy, the publicly-listed company that owns the most bitcoin at 252,200 BTC, saw its shares increase by 11% to over $300 per share. Meanwhile, Semler Scientific’s shares saw a surge of 25%. The cryptocurrency exchange, CoinBase, recorded a gain of around 17%.

Among mining companies, MARA (MARA) is leading with an increase of almost 20%. This gain is mainly due to the bitcoin held on its balance sheet, which stands at 26,842 BTC, lower only than MicroStrategy.

Other mining companies that have performed well include Riot Platforms (RIOT), IREN (IREN), and HIVE Digital Technologies (HIVE), which all recorded double-digit increases.

This report was edited by Sheldon Reback.