Bitcoin Hits Record $126K, Boosting Crypto Miners and Treasury Stocks
Bitcoin surged past a new all-time high of over $126,000 on Monday, fueling a broad rally across crypto mining stocks and several bitcoin...
Quick overview
- Bitcoin reached a new all-time high of over $126,000, driving a rally in crypto mining stocks and treasury companies.
- Institutional inflows and increased trading volume of spot ETFs are believed to be key factors behind Bitcoin's surge.
- Top mining firms like Argo Blockchain and HIVE Digital saw significant gains, with Argo rising over 96% on the London Stock Exchange.
- Bitcoin ETFs attracted a record $3.55 billion in investments last week, reflecting growing interest amid economic uncertainties.
Bitcoin surged past a new all-time high of over $126,000 on Monday, fueling a broad rally across crypto mining stocks and several bitcoin treasury companies.
Market experts believe that institutional inflows and higher trading volume of spot exchange-traded funds (ETFs) are fueling Bitcoin’s surge.
BITCOIN JUST HIT NEW ATH OF $126,000 🚀 pic.twitter.com/RudANh3rRw
— Ash Crypto (@Ashcryptoreal) October 6, 2025
Crypto Mining Firms Rally, Led by Argo Blockchain and HIVE Digital
Top public mining businesses, including Nasdaq-listed HIVE Digital, MARA, and CleanSpark, all soared on Monday before the closing bell.
Argo Blockchain was the top global gainer among crypto miners on Monday, rising more than 96% on the London Stock Exchange to 5.3 British pence ($0.07), while its US counterparts gained more than 20% in some cases.
HIVE Digital led the group with a 25% increase to nearly $6 per share by the end of trading, while IREN rose more than 14% to $57.75.
MARA concluded Monday at $21 a share, up more than 9%; CleanSpark climbed by the same rate and was trading at $17. Riot Platforms gained about 11% for the day to $21.56.
Mining stocks are also growing more appealing as businesses turn to high-performance computers to boost revenues. Google said last month that it was backing a deal between AI compute company Fluidstack and Bitcoin miner Cipher, offering Google the option to acquire a 5.4% share in Cipher.
Diversified Bitcoin Treasury Shares
Bitcoin buying and holding firms had mixed results on Monday, with New York-listed Hong Kong-based Bitcoin treasury company DDC Enterprise (DDC) topping the way with a 22% increase.
Shares of big BTC-buyer Strategy (MSTR) rose 2.3%, while large Bitcoin treasuries GD Culture Group (GDC) and Strive (ASST) fell 4.2% and 2.7%, respectively.
Other large Bitcoin holding companies also finished the day with a loss or flat, with Kindly MD down 8.8% at $1.03 and Semler Scientific (SMLR) up only 0.62%.
Worldcoin (WLDUSD) and Eightco Holdings (ORBS), a crypto treasury company, saw a 34% increase in value to close at $11. It remains, however, down from its 2025 peak of $45, which was attained after announcing plans to acquire the coin.
Meanwhile, altcoin treasury firms outperformed on the day, including CEA Industries (BNC), which rose 15.6% to $9.40, and Forward Industries (FORD), which ended up 12.8% to $25.43.
Bitcoin Gains Momentum Amid Record ETF Inflows and Weakening Dollar Fears
Bitcoin was recently up little more than 2% over a 24-hour period, according to CoinGecko, after reaching a new all-time high of $126,080 earlier Monday. It currently has dipped slightly to $125,4,58, a 0.11% decrease from yesterday.
Last week, US investors made a record investment in Bitcoin ETFs to gain exposure to the largest and oldest digital coin. Crypto investment products got $5.95 billion in new funding, including the highest amount ever received by Bitcoin funds in just one week: $3.55 billion in total.
The protracted US government shutdown, combined with a predicted October interest rate decrease from the Federal Reserve, has pushed the price of Bitcoin, gold, and other digital currencies and precious metals up during the last week.
That type of move is known as the “debasement trade,” which occurs when investors try to hedge against weaker currencies and geopolitical pressures.
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