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Bitcoin-Linked Stocks Surge Early in 2025, Signaling Shift to Fundamentals for 2026

Bitcoin-Linked Stocks Surge Early in 2025, Signaling Shift to Fundamentals for 2026

BullishBTC logoBTCETH logoETH
CoinOtag logoCoinOtagDecember 23, 20251 min read
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Crypto-linked stocks surged at the start of 2025 amid Bitcoin's rally above $100,000, with top performers like BitMine Immersion Technologies gaining over 300%. However, mid-year shifts emphasized fundamentals, leading to divergence where sustainable models outperformed pure narrative plays by year-end. BitMine Immersion Technologies (BMNR) led with +318% gains, driven by its Ethereum treasury pivot. Early [...]

damentals, leading to divergence where sustainable models outperformed pure narrative plays by year-end. BitMine Immersion Technologies (BMNR) led with +318% gains, driven by its Ethereum treasury pivot. Early [...]