{"id":47067,"date":"2025-09-11T16:01:46","date_gmt":"2025-09-11T16:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47067"},"modified":"2025-09-11T16:01:46","modified_gmt":"2025-09-11T16:01:46","slug":"galaxy-circle-bitfarms-lead-crypto-stock-gains-as-bitcoin-vehicles-metaplanet-nakamoto-plunge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47067","title":{"rendered":"Galaxy, Circle, Bitfarms Lead Crypto Stock Gains as Bitcoin Vehicles Metaplanet, Nakamoto Plunge"},"content":{"rendered":"
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Crypto-related stocks including Galaxy Digital (GLXY), Circle Internet (CRCL) and Bitfarms (BITF) posted double-digit gains on Thursday as bitcoin (BTC) rose the highest since mid-August.<\/p>\n

Galaxy, a digital asset investment and data center conglomerate led by Mike Novogratz, added 12%. The company was a lead investor<\/a> in Forward Industries’ $1.65 billion fundraising closed today to build a Solana (SOL) treasury vehicle.<\/p>\n

It might also be benefiting from rising appetite for data center plays<\/a>, as big tech firms make billion-dollar artificial intelligence (AI) hosting contracts such as Microsoft’s deal<\/a> with Nebius on Tuesday.<\/p>\n

The same logic applies to bitcoin miner Bitfarms (BITF), which has set out to expand in high-performance computing and appointed<\/a> Wayne Duso, a former executive of cloud service giant Amazon Web Services, to the board last month. The stock advanced another 18% today, extending gains to more than 60% this week.<\/p>\n

For USDC stablecoin issuer Circle, Thursday’s 16% rally could be a technical rebound absent any clear news catalyst, breaking the downtrend that started in June and saw the stock decline roughly 60% from its post-IPO peak.<\/p>\n

\"Circle<\/p>\n

Crypto exchange Coinbase (COIN), digital trading platform Robinhood (HOOD) and bitcoin miners MARA Digital (MARA) and Riot Platforms (RIOT) also advanced.<\/p>\n

The companies outpaced the broader equity markets, with the S&P 500 index recently up 0.82% and the Nasdaq 100 index 0.69% higher.<\/p>\n

Meanwhile, bitcoin treasury vehicles Metaplanet (3355) and Nakamoto (NAKA) declined 10% and 14%, respectively. Strategy (MSTR), the largest corporate owner of BTC, was little changed.<\/p>\n

The declines occurred even as bitcoin advanced toward $115,000, rebounding from an initial dip on rising CPI inflation<\/a> and higher jobless claims reports in the early U.S. morning hours.<\/p>\n

Read more: Strategy’s S&P 500 Snub Is a Cautionary Signal for Corporate Bitcoin Treasuries: JPMorgan<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto-related stocks including Galaxy Digital (GLXY), Circle Internet (CRCL) and Bitfarms (BITF) posted double-digit gains on Thursday as bitcoin (BTC) rose the highest since mid-August. Galaxy, a digital asset investment and data center conglomerate led by Mike Novogratz, added 12%. The company was a lead investor in Forward Industries’ $1.65 billion fundraising closed today to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47067","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47067"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47067\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}