A sharp uptick in trading activity has swept across the crypto market today, driving total market capitalization higher by 1%.
With Bitcoin and Ethereum holding steady, traders are rotating into US-listed crypto-related stocks poised to benefit from macro signals and updates within their ecosystems.
IREN Limited (IREN)
IREN Limited shares are trading higher today following its recent purchase of 2.4k next-gen NVIDIA Blackwell B200 and B300 GPUs for approximately $130 million, fully funded from existing cash reserves.
The expansion—part of IREN’s AI Cloud Services growth strategy—will be installed at its Prince George, BC campus, boosting its total NVIDIA GPU fleet to around 4.3k units.
IREN trades at $17.33 in the pre-market session, up 3% from its previous close of $16.82. Should demand increase when the market opens, the stock’s value could surge to $18.54.
However, a reversal in sentiment could see it fall to $15.37.
Bit Digital (BTBT)
Bit Digital’s (BTBT) shares rose over 13% to $2.94 during its last trading session. It followed the company’s announcement that underwriters of its recent public offering fully exercised their option to purchase an additional 11,250,000 ordinary shares.
The move brought the company approximately $21.4 million in additional net proceeds before estimated offering expenses.
BTBT is trading at $3.15 during today’s pre-market session. If buying activity surges once regular trading opens, the stock could push toward $3.26.
On the other hand, a dip in buying momentum may drag prices to around $3.07.
Digi Power X (DGXX)
DGXX’s shares surged over 14% to close at $3.07 during its last trading session. This rally came as the company announced a debt settlement agreement with NANO Nuclear Energy Inc.
Under the agreement, Digi Power X will issue 109,677 subordinate voting shares at a deemed price of C$3.10 per share to settle $250,000 in consulting-related liabilities. The move allows Digi Power X to conserve cash and bolster its ongoing AI and energy infrastructure initiatives.
During pre-market trading today, DGXX has climbed further to $3.36. If bullish momentum continues after trading begins officially, the stock could rally as high as $3.76.
However, if demand tapers off, it may retrace to support levels near $2.65.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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Abiodun Oladokun
https://beincrypto.com/us-crypto-stocks-today-iren-btbt/
2025-07-07 13:28:16
