Bitcoin Mining Stocks Lead Crypto Equity Gains After BTC Hits $122K

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By Jamie Crawley|Edited by Stephen Alpher

Jul 14, 2025, 2:31 p.m.

A photo of four mining rigs
  • Bitcoin mining stocks led the gains among crypto equities in early trading on Monday after BTC hit an all-time high above $122,000.
  • MARA Holdings traded almost 10% higher at around $20.95 in the first hour after markets opened.
  • Other prominent crypto stocks such as Strategy (MSTR) and Galaxy Digital (GLXY) were each ahead around 4%.

Bitcoin mining stocks led the gains among crypto equities in early trading on Monday after BTC raced to a new a all-time high just shy of $123,000 (it’s since retreated a bit to just under $122,000).

MARA Holdings (MARA) traded almost 10% higher at around $20.95 in the first hour after markets opened, while CleanSpark (CLSK) climbed just under 7.5% to $13.59.

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Fellow mining companies Core Scientific (CORZ) and Riot Platforms (RIOT) saw slightly more modest gains of 4%-5% in early trading.

Away from the mining sector, other prominent crypto stocks such as Strategy (MSTR) and Galaxy Digital (GLXY) were both about 3.75% higher, while Coinbase (COIN) and Circle (CRCL) gains were under 2%.

Bitcoin had ascended to an all-time high of around $122,870 during the European morning, before dropping back to trade at about $121,700 as the markets opened in the U.S.

Read More: Michael Saylor’s Strategy Adds 4,225 Bitcoin, Bringing BTC Stack to 601,550

Jamie has been part of CoinDesk’s news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley

 

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