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Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump

Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting double-digit gains as crypto stocks surged.

Cointelegraph by Sam Bourgi

Publisher Cointelegraph

Aug 21, 2026 at 4:11 PM UTC · 2 dk okuma

Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Image via Cointelegraph

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bitcoin

Last Updated

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Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump

MarketsPublishedAug 21, 2026

Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting double-digit gains as crypto stocks surged.

Shares of Bitcoin miners and digital asset treasury companies surged toward the end of the week, tracking a broader rally across crypto markets after the US Treasury announced it would double certain long-dated bond buybacks — a move aimed at supporting liquidity in the Treasury market that also helped bolster risk appetite.

Bitcoin (BTC) miner Canaan led crypto-related stocks on Friday, rising more than 25%. MARA Holdings edged higher after gaining nearly 16% during Thursday’s session.

Strive, which holds more than 20,000 Bitcoin (BTC) on its balance sheet, jumped more than 16% on Friday. Japan-listed Metaplanet, which recently expanded its Bitcoin treasury strategy by acquiring Nasdaq-listed Super League Enterprise, also gained more than 16%.

Shares of crypto exchange Coinbase and brokerage platform Robinhood posted double-digit percentage gains, underscoring how BTC’s recovery spilled over into publicly traded companies with direct exposure to digital assets.

Market Context

Bitcoin

BTC

$77,485

+6.41% (24H)

Market Cap

$1.55T

Circulating Supply

20.1M BTC

24H Volume

$68.3B

24H High

$79,511

View Bitcoin Market Page

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