The U.S. crypto market kicked off the week with a wave of optimism, as both Bitcoin and crypto-related stocks posted gains on Monday, June 10, 2025. The surge came amid renewed interest from public companies that are aggressively adding Bitcoin (BTC) to their corporate treasuries.
This fresh wave of corporate adoption is fueling not only Bitcoin’s price, which reclaimed the $110,000 level, but also driving positive momentum across crypto-linked equities. Meanwhile, a few outliers like Robinhood (HOOD) faced setbacks, highlighting the broader divergence in the market’s reaction to recent developments.
Bitcoin Climbs Back Toward Its All-Time High
Bitcoin started Monday’s Asia trading session on a strong note, breaking through the $110,000 mark. It later settled around $110,150, representing a 4% increase over the previous 24 hours.
- Current BTC price: $110,150
- 24-hour gain: +4%
- Market momentum: Positive, nearing the May 22 peak of $112,000
The price jump was partly driven by easing macroeconomic concerns, including signs of progress in trade talks between the United States and China held in the United Kingdom. This calming of global market jitters offered a supportive backdrop for risk assets, especially cryptocurrencies.
Public Companies Keep Scooping Up Bitcoin
One of the major drivers behind Bitcoin’s rally has been institutional buying, particularly by publicly traded firms aiming to boost their long-term value and appeal to crypto-focused investors.
Among the most notable moves:
BitMine Immersion Technologies (BMNR) announced the purchase of 100 BTC for the first time. The company recently raised capital through a share offering targeting $18 million.
- BMNR share price fell 8.7% during regular trading
- Recovered 5.2% after hours, closing at $7.25
KULR Technology Group (KULR) revealed it had added another $13 million worth of Bitcoin, bringing its total holdings to 920 BTC.
- Average BTC purchase price: $98,760
- KULR shares rose 4.2% on the news
These developments follow a growing trend of public companies treating Bitcoin as a long-term reserve asset, mirroring earlier moves by companies like MicroStrategy (MSTR).
Crypto Stocks Rise in Tandem With Bitcoin
Crypto-linked U.S. stocks moved higher on Monday, closely tracking Bitcoin’s price action. The country’s four largest crypto mining firms and major crypto service companies all posted gains:
Core Scientific (CORZ)
- Closed up 4.27%
- Gained another 0.87% after hours
CleanSpark (CLSK) and MARA Holdings (MARA)
- Each rose over 3% during the day
- Both added roughly 1% after hours
Riot Platforms (RIOT)
- Gained 2.74% during trading
- Up another 1.2% in after-hours activity
MicroStrategy (MSTR)
- Rose 4.71% during the day
- Extended gains by 1% to close at $396.61
These moves suggest that investor sentiment is closely tied to Bitcoin’s performance. Companies holding BTC on their balance sheets or directly involved in mining continue to benefit from the broader bullish trend.
Circle (CRCL) Sees Strong Surge Post-IPO
Circle Internet Group (CRCL), issuer of the USDC stablecoin and a recent Nasdaq IPO, delivered impressive gains. Its stock surged 7% during Monday’s session, then climbed another 2.2% after hours to reach $117.79.
As stablecoins gain more prominence in DeFi and cross-border payments, Circle’s stock is emerging as a strong bet among investors seeking exposure to regulated digital finance infrastructure.
Robinhood Misses Out on S&P 500 Inclusion
While most crypto stocks were in the green, Robinhood Markets Inc. (HOOD) was a rare exception. Its shares dropped nearly 2% to $73.40 after being excluded from the S&P 500 during the index’s quarterly rebalancing.
There had been speculation that Robinhood would be added to the prestigious index, which tracks the 500 largest publicly traded U.S. companies. Inclusion typically results in a share price boost due to institutional fund tracking.
- After-hours gain: Slight recovery of 0.8%
- Investor reaction: Disappointment over missed opportunity
This drop reflects how heavily market expectations influence short-term stock movements, especially when index rebalancing is involved.
eToro and Coinbase Also Join the Rally
Other crypto trading platforms performed well:
eToro Group Ltd. (ETOR)
- Recently went public
- Jumped 10.5% during trading
- Rose another 2.4% after hours to hit $77.79
Coinbase Global Inc. (COIN)
- Gained a modest 2% to close at $256.63
With retail and institutional trading activity picking up again, these platforms are likely to remain key indicators of market sentiment.
Key Takeaways from June 10 Market Action
Here’s a quick summary of the standout moves and notable trends from the crypto and stock markets on June 10, giving you a snapshot of the day’s biggest winners and surprises:
| Company / Asset | Day Gain | After-Hours Gain | Highlights |
|---|---|---|---|
| Bitcoin (BTC) | +4% | — | Climbs to $110,150 |
| CRCL (Circle) | +7% | +2.2% | Post-IPO momentum |
| CORZ | +4.27% | +0.87% | Bitcoin mining |
| CLSK, MARA | +3%+ | +1% | Continued strength |
| RIOT | +2.74% | +1.2% | Follows the BTC rally |
| MSTR | +4.71% | +1% | Gains from BTC reserves |
| BMNR | -8.7% | +5.2% | New BTC purchase |
| KULR | +4.2% | — | Increased BTC holdings |
| HOOD | -2% | +0.8% | Missed S&P 500 entry |
| ETOR | +10.5% | +2.4% | IPO excitement |
| COIN | +2% | — | Steady gain |
Final Thoughts: Corporate Bitcoin Fever Builds
The strong market performance on June 10 reflects a growing trend: corporate Bitcoin adoption is accelerating, and investors are paying close attention. As more public firms integrate BTC into their financial strategies, crypto-linked stocks are seeing a boost.
While not every company is reaping immediate rewards (as seen with BitMine), the long-term market narrative remains clear: Bitcoin is increasingly viewed as a strategic asset on Wall Street.
If Bitcoin continues to climb toward and beyond its previous high of $112,000, we can expect even more public companies to follow suit, and more volatility in crypto stock valuations.
