US Stocks: Cryptocurrency-themed Stocks Soar on Monday, 'HYPE Edition MicroStrategy' SONN Surges 86.46%
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
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
Polymarket Underlying Algorithm Explained
What do projects born in the crypto bear market do?
a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong
Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends
The toll station at Hormuz and the RMB that cannot be bought
Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point
Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun
Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations
a16z Crypto: What We See Behind the $2.2 Billion New Fund
Web3 is dead, Web2+3 should rise
Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market
The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets
Track Markets At a Glance: New WEEX Price Widgets for iOS & Android
To streamline your market data access, WEEX has officially launched "Market Watchlist" desktop widgets
The billion-dollar lesson: The focus of DeFi security is shifting from code to operational governance
A Brief Analysis of Stablecoin Licenses and On-Chain Funding
BVNK Founder: Three Stages of Stablecoin Development
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.
Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?
Polymarket Underlying Algorithm Explained
What do projects born in the crypto bear market do?
a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong
Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends
