US stock night market volatility: BIT Mining rose 7.14% in night trading

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BIT Mining rose 7.14% in the night session; Strategy rose 0.17% in the night session, with a transaction volume of USD 5.71 million; Palantir Tech rose 0.50% in the night session, with a transaction volume of USD 3.69 million; Circle rose 1.39% in the night session, with a transaction volume of USD 2.9 million

U.S. Stock Night Market Movements

BIT Mining rose 7.14% in the night market. Based on recent important news:

  1. On July 10, Bit Mining announced a strategic shift to the Solana ecosystem, causing its stock price to surge 350% in pre-market trading. This move is seen as a key turning point for the company's future growth, driving a significant increase in stock price.

  2. On July 10, Bit Mining's trading volume reached 79.2 million shares, far exceeding the average level, indicating strong market interest in its strategic transformation.

  3. On June 29, BTC broke through 108,000 USDT, boosting related mining stocks, with Bit Mining benefiting from the overall market sentiment.

Stocks with High Trading Volume in the Industry

Strategy rose 0.17% in the night market, with a trading volume of 5.71 million USD. Based on recent key news:

  1. On July 20, the Ohio Public Employees Retirement System increased its holdings by 21,499 shares of Strategy, showing enhanced confidence from institutional investors, which drove the stock price up.

  2. On July 20, Strategy founder Michael Saylor released information on Bitcoin holdings, with market expectations that he would increase his Bitcoin holdings, boosting the stock price.

  3. On July 19, Strategy's Bitcoin holdings ranked ninth among S&P 500 companies, surpassing Nvidia and PayPal, enhancing market recognition of its cryptocurrency strategy.

Palantir rose 0.50% in the night market, with a trading volume of 3.69 million USD. Based on recent important news:

  1. On July 18, Mizuho upgraded Palantir's rating from underperform to neutral, raising the target price from 116 USD to 135 USD, citing strong growth momentum, which led to a rise in stock price.

  2. On July 18, Palantir official Ryan D. Taylor sold company common stock, attracting market attention and causing stock price fluctuations.

  3. On July 20, Palantir became the 24th largest company in the world by market capitalization, with the market full of expectations for its future performance, leading to a rise in stock price.

Circle rose 1.39% in the night market, with a trading volume of 2.9 million USD. Based on recent important news:

  1. On July 18, the U.S. Congress passed the Genius Act, pushing the total market capitalization of the cryptocurrency market to over 4 trillion USD, with Circle benefiting from increased market confidence, leading to a rise in stock price.

  2. On July 18, Circle minted 500 million USDC on Solana, boosting market demand for its stablecoin, resulting in a price increase.

  3. On July 19, Trump signed the stablecoin bill, further solidifying the market position of the dollar stablecoin, with Circle's stock price continuing to rise

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