Bitcoin's New All-Time High Boosts Crypto Mining Stocks

Bitcoin reached a new all-time high of over $126,000 on October 6, 2025, significantly boosting share prices for crypto miners and treasury companies. Argo Blockchain, a UK-based crypto miner, saw a staggering 96% increase in its stock, while US firms like HIVE Digital Technologies and others also reported significant gains during trading. Crypto treasury companies like Eightco Holdings experienced a 34% rally as well. Amid this Bitcoin surge, shares in US crypto mining companies generally saw positive trends, with HIVE Digital Technologies gaining 25% and Riot Platforms increasing by 10.9%. Despite the overall positive momentum, some Bitcoin treasury companies reported mixed results, with DDC Enterprise up 22%, while others like Kindly MD suffered losses. This rally was driven by institutional investors' growing interest in Bitcoin and a weakening US dollar, further highlighting Bitcoin's integration with traditional finance systems. Additionally, Ethereum also showed gains in the market, trading at $4,675.

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