Positive sentiment swept through the U.S. markets Monday morning, fueled by rising crypto-mining stocks and a surge in Tesla’s value following Elon Musk’s recent stock acquisition.
Leading the charge were shares of companies involved in cryptocurrency mining. For example, Bitfarms Ltd. experienced a significant increase, reaching $3.10, marking a 10.71% gain, or $0.30, as of 8:00 AM Eastern Time. This boost aligns with the broader positive trend in Bitcoin’s price, which was trading around $114,800 at the time of reporting, benefiting several publicly traded mining firms.
HIVE Digital Technologies Ltd. also saw notable gains, climbing 12.72% to $3.81, a rise of $0.43. Earlier in the morning, the stock briefly touched $3.98, adding another $0.17, or 4.46%. IREN Ltd also experienced an upward move, settling at $33.96 after increasing by $1.11, or 3.38%.
Tesla Stock Rises After Musk’s Investment
A recent SEC filing revealed that Elon Musk purchased 2,568,700 shares of common stock on September 12, paying an average of $389.281 per share, bringing the total value of the transaction to over $1 billion.
$TSLA
BREAKING: According to an SEC filing, Elon Musk reportedly acquired 2,568,700 shares of common stock on September 12 at an average price of $389.281 per share. pic.twitter.com/iBOsbrZXHM— Tsla Chan (@Tslachan) September 15, 2025
Tesla Inc. shares increased by 6% from Friday’s closing price to reach $420, extending the previous week’s 7% gain. Prior to market opening, Tesla’s value stood at $395.94, up $27.13 within the day.
Data indicates that Musk’s previous stock purchases were considerably smaller. His most recent known acquisition occurred on February 14, 2020, when he acquired approximately 200,000 shares for roughly $10 million.
Tesla is preparing for a crucial shareholder vote in November. Earlier this month, the company announced plans to seek approval for a new compensation package for Musk, potentially worth up to $975 billion, contingent on achieving specific profit and growth milestones.
These proposals require Musk to contribute to achieving an $8.5 trillion market valuation for the company. For context, Tesla’s market capitalization was around $1.3 trillion when markets closed on Friday.
Many investors hold optimistic views about Tesla’s future, particularly if Elon Musk leads the company toward advancements in autonomous driving, artificial intelligence, and robotics. The CEO is seeking shareholder support for a proposal that would allow Tesla to invest in his other company, xAI, the developer of Grok. Prior to his recent stock purchases, Musk held about 13% of Tesla’s outstanding shares.
Companies Increase Bitcoin Holdings
In addition to equity market activity, organizations with substantial Bitcoin reserves have announced further acquisitions. Business intelligence firm Strategy, formerly known as MicroStrategy, disclosed the purchase of an additional 525 bitcoins between September 8 and September 14, costing $60.2 million at an average price of $114,562 per bitcoin.
According to an SEC filing, Strategy now holds 638,985 bitcoins, worth approximately $73.4 billion at current prices. The company’s average purchase price across its total holdings is $73,913 per bitcoin, for a total expenditure of $47.2 billion, including fees and expenses.
Strategy Inc Class A stock (MSTR) was priced at $330 pre-market, showing a slight decrease of 0.34% from its Friday close.
Michael Saylor, co-founder and executive chairman, noted that the company’s holdings represent over 3% of Bitcoin’s total capped supply of 21 million tokens. Strategy’s Bitcoin investments have generated paper gains of approximately $26 billion, based on the current price of the cryptocurrency.
According to BitcoinTreasury.Net, publicly traded healthcare company Prenetics acquired 40.6 bitcoins, increasing its total holdings to 228. Prenetics has also revealed a plan to purchase one bitcoin each day.
However, not all firms significantly invested in Bitcoin experienced positive market performance. KindyMD, a bitcoin treasury company with 5,765 bitcoins, declined by 50% before market opening, extending losses that have left the company’s value 96% below its all-time high.
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