US crypto-linked stocks followed Bitcoin’s lead and closed Monday in the green as more publicly traded firms added the digital asset to their treasuries. The country’s biggest crypto miners and major firms all closed with modest gains on June 10, extending their after-hours climbs.
Circle Internet Group (CRCL), the Nasdaq newbie and stablecoin issuer, led the charge with a 7% jump during the day, followed by a further 2.2% rise after-hours, reaching $117.79. Crypto miner Core Scientific Inc. (CORZ) saw a solid 4.27% gain, tacking on 0.87% after the bell. Rival miners CleanSpark Inc. (CLSK) and MARA Holdings Inc. (MARA) also saw gains of over 3%, adding another 1% after hours. Riot Platforms Inc. (RIOT) gained 2.74%, with a 1.2% after-hours bump.
These gains mirrored Bitcoin’s own climb, as it rose 4% to $110,150, getting closer to its May 22 peak of $112,000. Market jitters mostly settled after the US and China held trade talks in the UK. MicroStrategy Inc. (MSTR), the Bitcoin-buying behemoth, gained 4.71% before rising another 1% to $396.61.
Robinhood Dips After S&P 500 Snub, eToro Soars
Robinhood Markets Inc. (HOOD) was the one exception to the upward trend, falling nearly 2% to $73.40. The crypto and stock trading platform had been riding high on speculation it might be added to the S&P 500 during its quarterly rebalancing, but alas, S&P Dow Jones made no changes, and the stock took a hit.
In contrast, rival platform eToro Group Ltd. (ETOR), which went public less than a month ago, saw a whopping 10.5% surge and continued its rise with an additional 2.4% after-hours, closing at $77.79. Coinbase Global Inc. (COIN), another trading platform, had a modest gain of 2%, ending the day at $256.63.
Bitcoin-Buying Trend Continues Among Public Firms
The Bitcoin rally has sparked a wave of public companies scooping up the cryptocurrency, hoping to see their share prices rise. The latest company to jump on the Bitcoin bandwagon is BitMine Immersion Technologies, Inc. (BMNR), a Bitcoin mining equipment rental firm, which bought 100 BTC for the first time to hold in reserve. However, BitMine’s stock didn’t get the memo, closing down 8.7% before a modest 5.2% after-hours rebound to $7.25.
“We are excited to make our first open market purchase of Bitcoin, and expect to make more Bitcoin purchases moving forward.” - Jonathan Bates, CEO
— Bitmine Immersion Technologies, Inc. (@BitMNR) June 9, 2025
Click to read about our recent $BTC purchase.https://t.co/mDm09PGX9i $BMNR pic.twitter.com/y2i7gIGBf4
Meanwhile, energy-management firm KULR Technology Group, Inc. (KULR) saw its shares rise 4.2% after it announced it bought another $13 million worth of Bitcoin, bringing its total holdings to 920 BTC at an average price of $98,760 per coin.
Gunel Ismayilova
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