Crypto miners rise in pre-market trading as Tesla soars

Bitfarms stock rose by 15% in pre-market trading, priced at 2.55 USD, marking a 75% weekly increase. Tesla shares are trading at 420 USD, boosted by a 6% uptick following Elon Musk’s acquisition of 2.6 million shares.

In addition to Bitfarms, AI-focused mining stocks are performing well; IREN climbed 3% and has increased over 230% year-to-date. Hive Blockchain has increased by 5% in pre-market trading, contributing to a 40% rise over the last month.

Conversely, KindlyMD faced a significant 50% drop, down 96% from its peak despite holding 5,765 BTC. CapitalB has acquired 48 BTC, bringing its total to 2,249 BTC, reflecting a 15% increase.

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