Crypto-linked US stocks are back in the spotlight today, with notable gains from Cipher Mining (CIFR), Abits Group (ABTS), and Bit Digital (BTBT).
The trio is riding a wave of investor optimism following a series of positive ecosystem updates.
Cipher Mining (CIFR)
Cipher Mining shares are gaining pre-market after the company released its May 2025 operational update, which showed continued strength in its Bitcoin mining activities.
During the 31-day period, the company mined approximately 179 BTC, sold 64 BTC, and held 966 BTC at month’s end. Cipher also reported 75,000 deployed mining rigs and a 13.5 EH/s hashrate, signaling solid operational efficiency and scale.
The company also confirmed that it has secured the remaining rigs to utilize the 150 MW capacity at Black Pearl fully. Once deployed, this expansion is expected to push the company’s total hashrate to around 23.1 EH/s.
CIFR trades at $3.73 at press time, up 9% today. The stock’s climbing Relative Strength Index (RSI) confirms that market demand backs the price rally. This momentum indicator currently sits at 61.88 and is climbing.
This RSI setup confirms the growing buying pressure among pre-market traders. If this trend continues, CIFR could surge to $4.03.
However, a dip in demand could trigger a price fall toward $3.48.
Abits Group (ABTS)
Abits Group recently released its unaudited Q1 FY2025 results, which showed a strong gross profit margin of 46.1% despite a 17.2% revenue decline year over year.
The company’s mining operations produced 18.86 coins during the quarter—a 50% drop attributed to the April 2024 Bitcoin halving—but higher average BTC prices helped maintain profitability, with gross profit coming in at $0.82 million.
ABTS exchanges hands at $4.09, up 7% today. On the four-hour chart, the stock’s Chaikin Money Flow (CMF) has bounced off its neutral line and is now in an upward trend. It currently stands at 0.05, reflecting the growing buying pressure.
If demand soars, ABTS could extend its gains and climb to $4.76.
On the other hand, if selloffs strengthen, the stock’s value could dip to $3.17.
Bit Digital (BTBT)
Bit Digital is also seeing upside in pre-market trading following news that its high-performance computing (HPC) subsidiary, WhiteFiber Inc., finalized the acquisition of a 96-acre, approximately 1 million-square-foot industrial facility in Madison, North Carolina.
BTBT trades at $2.67, up 7% pre-market. During the review period, the stock’s trading volume also increased.
If buying momentum persists, the stock’s value may rally to $2.81.
However, a resurgence in selling pressure could erase recent gains and push BTBT back toward the $2.54 support zone.
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