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

By: theblockbeats.news|2025/07/15 08:36:58
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

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

What is the connection between Huang Zheng of Pinduoduo and blockchain?

From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

Overview of Important Market Events on June 15

If the AI bubble has already burst, who will truly remain?

What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Paul Graham: How to Make a Billion Dollars

Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com