Bitcoin climbed above $92,000 on Monday, boosting crypto-linked equities, miners and broader technology stocks in pre-market trading.
The largest cryptocurrency was trading around $92,757 after briefly touching $93,000 during the Asian session. The move supported gains in bitcoin-related shares and futures tied to major tech benchmarks, including Invesco’s QQQ.
Strategy (MSTR) advanced about 3.5% to roughly $163 per share ahead of an expected announcement of another bitcoin purchase later in the day. Its perpetual preferred equity, STRC, edged closer to par at $100 after the dividend rate was increased to 11%. Strive (ASST), another bitcoin treasury firm, jumped 12%, nearing the $1 mark.
AI-focused miners continued to extend last week’s rally. Cipher Mining (CIFR) and IREN (IREN) were each up more than 2% in pre-market trading after surging as much as 10% and 13% on Friday, lifting their shares to about $17 and $44. Hive Digital (HIVE) rose 6% to around $3 per share.
MARA Holdings (MARA) gained 3.5% to above $10, while fellow miners Riot Platforms (RIOT) and CleanSpark (CLSK) were higher by roughly 3%.
In commodities, metals extended their advance following developments tied to Venezuela and the U.S., with gold up around 2% and silver rising roughly 4%. The U.S. dollar index was also slightly firmer, hovering near the 99 level.
