US Stocks: Cryptocurrency-themed Stocks Soar on Monday, 'HYPE Edition MicroStrategy' SONN Surges 86.46%

By: theblockbeats.news|2025/07/15 08:36:57
0
Share
copy

BlockBeats News, July 15th, the U.S. stock market closed up on Monday, with the Dow rising 0.2%, the Nasdaq up 0.27%, and the S&P 500 up 0.14%. U.S. stock crypto concept stocks rose across the board, including:

「HYPE Edition MicroStrategy」 Sonnet BioTherapeutics Holding (SONN) surged 86.46%, with a trading volume of $631 million. Yesterday, Sonnet announced that it would merge to form the company Hyperliquid Strategies and initiate a treasury strategy, holding 12.6 million HYPE tokens and $300 million in cash;

SharpLink Gaming (SBET) rose by 10.3%, with a trading volume of $1.39 billion. Five hours ago, it continued to acquire 24,371 ETH, accumulating a total of 294,000 ETH;

BIT Mining Ltd (BTCM) rose by 10%, with a trading volume of $117 million. It previously announced that it would convert its cryptocurrency holdings to SOL and raise $200 million to $300 million for a Solana strategy;

Sequans Communications (SQNS) surged 24.89%. The stock had already surged over 210% last week, with a trading volume of $62.72 million on Monday. SQNS announced yesterday that it had acquired 683 BTC, with an average price of $113,893 per BTC, holding a total of 1,053 BTC;

Upexi Inc (UPXI) rose by 10.58%, with a trading volume of $514 million. Previously, Upexi announced the completion of a $200 million financing to increase its SOL holdings;

Other notable performers in the crypto concept stock sector: SRM Entertainment rose by 11.57%; MicroStrategy rose by 3.78%; Circle soared by 9.27%.

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more