#CryptoStocks
Key Crypto Stock Highlights (June 19 2025)
Coinbase (COIN)
Recent jump: Shares surged ~16–17% to around $295–$297 due to the U.S. Senate’s approval of the stablecoin oversight “GENIUS Act” , bolstering confidence in stablecoin adoption as revenue diversifier.
Market position: Largest U.S. crypto exchange; second-biggest stablecoin partner via USDC. Regulatory clarity could drive further gains .
MicroStrategy (MSTR)
Bitcoin exposure: Holds $42 billion) so its stock acts as a leveraged play on Bitcoin price .
Current price: Trading in the high-$300s with ~–1.6% intraday dip.
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🔄 Other Notable Crypto-Adjacent Stocks
Marathon Digital (MARA) & Riot Platforms (RIOT)
Major Bitcoin miners; stock performance closely mirrors BTC’s price movements .
MARA holds ~46,255 BTC as of Feb 2025, the 2nd-largest corporate holder after MicroStrategy .
Block (SQ) & PayPal (PYPL)
Offer user-facing crypto services: Block’s Cash App allows BTC buying; PayPal/Venmo let users buy/sell multiple coins .
These are more diversified fintechs with some crypto exposure.
NVIDIA (NVDA)
GPU sales benefit from crypto-mining demand; also strong in AI/gaming . Not a pure crypto play, but crypto helps momentum.
Circle (CRCL)
IPOed June 2025 at $31; stock has since climbed over 400% (~$173.60), driven by stablecoin regulatory clarity and strong market reception .
Justin Sun / Tron via SRM merger
Tron going public via reverse merger (SRM Entertainment), stock surged ~500% . Higher-risk, regulatory scrutiny noted.