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AI mining stocks extend gains as Tesla jumps on Elon Musk’s share purchase.
Sep 15, 2025, 11:14 a.m.
Markets are seeing sharp moves this morning with crypto mining stocks continuing their rally and Tesla jumping on Elon Musk’s latest share purchase.
Bitfarms (BITF) is up 15% pre-market to $2.55, extending its weekly rally of 75%. AI-focused mining stocks continue their strong performance as well, with IREN (IREN) rising 3% pre-market and up over 230% year-to-date. Hive Blockchain (HIVE) gained 5% pre-market, adding to its 40% rise over the past month.
KindlyMD (NAKA), a bitcoin treasury company holding 5,765 BTC, is down 50% pre-market and off 96% from its all-time high.
Tesla (TSLA) is trading at $420 pre-market, up 6% from Friday’s close after a 7% surge last week. An SEC filing revealed Elon Musk purchased nearly 2.6 million shares.
While, CapitalB (ALCPB) acquired 48 BTC, bringing its total holdings to 2,249 BTC, up 15% in European markets.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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Bitcoin Cohorts Return to Net Selling as Market Continues to Consolidate
Glassnode data shows all wallet groups are back in distribution mode, while regional trading patterns highlight Asia’s strength and Europe’s weakness.
What to know:
- Wallet cohorts from under 1 BTC to over 10,000 BTC flipped back to net selling after last week’s rally.
- Asia sessions have lifted bitcoin around 10% in recent months, while European sessions have pulled it lower by more than 10%.
