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

The other side of Musk's trillion-dollar fortune: 85% cannot be sold

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

a16z Crypto Partner: Cash flow is the moat

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies

$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

Galaxy in-depth report: Is Solana still worth paying attention to?

Young people in South Korea make a "final effort" in the epic bull market

