Bitcoin climbed above the $92,000 level on Monday, lifting crypto-linked equities and broader technology stock futures in pre-market trading.
Bitcoin was last trading around $92,757 after breaking through $92,000 and briefly touching $93,000 during the Asian session. The move helped push higher futures tied to crypto-related equities and technology benchmarks, including Invesco’s QQQ.
Strategy (MSTR) rose 3.5% to about $163 per share ahead of an expected announcement of another bitcoin purchase later in the day. The company’s perpetual preferred equity, STRC, is nearing par at $100 after a recent increase in its dividend rate to 11%. Strive (ASST), another firm holding bitcoin on its balance sheet, jumped 12%, approaching the $1 level.
AI-focused bitcoin miners extended last week’s rally. Cipher Mining (CIFR) and IREN (IREN) were both up more than 2% in pre-market trading after surging as much as 10% and 13%, respectively, on Friday, taking their share prices to roughly $17 and $44. Hive Digital (HIVE) climbed 6% to around $3 per share.
MARA Holdings (MARA) advanced 3.5% to above $10, while fellow miners Riot Platforms (RIOT) and CleanSpark (CLSK) were each higher by about 3%.
In commodities, metals continued to gain amid developments related to Venezuela and the U.S., with gold up around 2% and silver rising roughly 4%. The U.S. dollar index (DXY) was also slightly higher, edging toward the 99 level.
