Catenaa, Saturday, January 10, 2026-Shares of major publicly traded bitcoin miners rose Monday, following a 2% increase in bitcoin, which climbed above $93,000 amid global market and geopolitical developments.
American Bitcoin Corp. (ABTC), backed by Eric Trump and Donald Trump Jr., led the rally with a roughly 14% gain, returning above $2 for the first time in about a month.
The surge follows a volatile end to 2025, when ABTC shares fell to record lows after a post-merger lockup expired, despite the company growing its bitcoin treasury to more than 5,000 BTC, ranking it among the top 20 corporate holders.
Other large mining stocks also posted gains. Canaan rose over 9% on improving profitability and stronger hardware sales linked to next-generation rigs and North American deployments. Bitfarms increased more than 8% after exiting Latin America and shifting its energy portfolio toward U.S.-based infrastructure supporting AI and high-performance computing workloads.
Mid-cap miners HIVE Digital Technologies and Hut 8 gained 7% and 6%, respectively, following fleet and power asset repositioning for AI-focused data centers. Hut 8 attracted attention for securing long-term contracted cash flows tied to a large-scale AI colocation project.
Additional miners, including Cipher Mining, CleanSpark, MARA Holdings, IREN, and Bitdeer Technologies, recorded increases of roughly 5% to 6%, reflecting broad recovery in the sector as bitcoin’s price movement fueled renewed investor interest.
