Crypto Stocks Surge as Bitcoin and Ethereum Rally

Crypto-linked stocks are surging as Bitcoin and Ethereum rally.

Strategy (MSTR) led the charge, rising 17.56% to close at $144.82 after buying back 1,557,177 STRC preferred shares and making dividend payments.

The company's recent partnership with Google Cloud, which includes a seven-city U.S. executive forum series focused on enterprise AI and secure database tools, is also contributing to its growth.

B. Riley Securities raised MSTR's price target to $175, citing the long-term value of Strategy's Bitcoin-focused treasury strategy.

Bitmine Immersion Technologies (BMNR) shares jumped 14.70% to close at $26.45 as investors focused on the company's growing Ethereum holdings.