According to market news, ChainCatcher reports that the Dow Jones Industrial Average rose 0.2% at Monday's close, the Nasdaq rose 0.27%, and the S&P 500 index rose 0.14%. US crypto concept stocks generally rose, including:
Sonnet BioTherapeutics Holding (SONN) surged 86.46%, with a trading volume of $631 million. Yesterday, Sonnet announced the merger to form Hyperliquid Strategies and launch a treasury strategy, holding 12.6 million HYPE and $300 million in cash;
SharpLink Gaming (SBET) rose 10.3%, with a trading volume of $1.39 billion, continuing to purchase an additional 24,371 ETH 5 hours ago, with a cumulative purchase of 294,000 ETH;
Bit Mining Ltd (BTCM) rose 10%, with a trading volume of $117 million, previously announcing the conversion of cryptocurrency holdings to SOL and plans to raise $200-300 million for a Solana strategy;
Sequans Communications (SQNS) rose 24.89%, having already risen over 210% last week, with a trading volume of $62.72 million on Monday. SQNS announced yesterday the acquisition of 683 BTC at an average price of $113,893, with total holdings reaching 1,053 BTC;
Upexi Inc (UPXI) rose 10.58%, with a trading volume of $51.4 million, previously announcing the completion of a $200 million financing for SOL acquisition;
Other standout crypto concept stocks: SRM Entertainment rose 11.57%; MicroStrategy rose 3.78%; Circle surged 9.27%.
