Bitcoin Mining Stocks Jump as BTC Approaches $123K Record
Bitcoin soared to a new all-time high near $123,000 during European hours on Monday, fueling strong momentum across crypto equities.
While the price later slipped to just under $122,000, bitcoin mining stocks were the clear winners in early U.S. trading.
- MARA Holdings (MARA) surged nearly 10% to trade around $20.95 within the first hour of the market open.
- CleanSpark (CLSK) gained approximately 7.5%, reaching $13.59.
- Other miners, including Core Scientific (CORZ) and Riot Platforms (RIOT), recorded gains of 4%-5%.
Outside the mining segment, other major crypto stocks posted solid, if less dramatic, gains:
- Strategy (MSTR) and Galaxy Digital (GLXY) were both up around 3.75%.
- Coinbase (COIN) and Circle (CRCL) logged smaller increases of under 2%.
Bitcoin had earlier hit an intraday high near $122,870 before slipping back to around $121,700 as U.S. markets opened.

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