Crypto Stocks Rally on Trade Deal Optimism

BitMine Immersion Technologies (NASDAQ: BMNR) climbed 7% Monday as crypto-related equities advanced alongside a rebound in major digital assets.
The sector’s recovery followed comments from President Donald Trump and Vice President JD Vance, who expressed openness to a potential trade agreement with China, easing investor concerns after last Friday’s tariff-driven sell-off.

Market-Wide Crypto Gains

The upbeat tone lifted several crypto and blockchain-linked names:

Riot Platforms (NASDAQ: RIOT) +3%
MicroStrategy (NASDAQ: MSTR) +2%
Sharplink Gaming (NASDAQ: SBET) +4%
Bit Digital (NASDAQ: BTBT) +6%
Coinbase (NASDAQ: COIN) +3%
CleanSpark (NASDAQ: CLSK) +5%

Macro Context

The crypto market’s rebound mirrors a broader relief rally across risk assets as investors digest signals of potentially softer trade policies. Analysts say this could stabilize global liquidity, particularly benefiting Bitcoin miners and blockchain infrastructure firms that are sensitive to energy and tariff costs.

BitMine’s Position in the Market

BitMine specializes in liquid immersion cooling technology for Bitcoin mining operations — a growing niche aimed at improving energy efficiency and hashrate performance amid rising global power demands for digital assets and AI workloads.

The company’s exposure to next-generation mining infrastructure continues to make it a high-beta proxy for crypto market sentiment.