Crypto Miners Rally in Pre-Market Trading Amid Tesla’s Surge

Crypto mining stocks are experiencing significant gains this morning:

• Bitfarms (BITF) rose 15% pre-market to $2.55, marking a weekly increase of 75%.
• AI-focused mining stock IREN (IREN) climbed 3% pre-market and has surged over 230% year-to-date.
• Hive Blockchain (HIVE) added 5% pre-market, contributing to its 40% monthly rise.

On the other hand, KindlyMD (NAKA), a bitcoin treasury company holding 5,765 BTC, fell by 50% pre-market and is down 96% from its all-time high.

Tesla's stock price increased by 6% in pre-market trading, reaching $420, following a 7% rise last week. An SEC filing disclosed that Elon Musk purchased approximately 2.6 million shares.

In addition, CapitalB (ALCPB) acquired 48 BTC, raising its total holdings to 2,249 BTC, up 15% in European markets.