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Since June, the US stock market has significantly outperformed the altcoin market, with encryption treasury companies performing well.
On June 25, according to market data, most US encryption concept stocks have seen a significant rise since June, with the total market capitalization of Altcoins excluding BTC reaching $1.304 trillion from $1.231 trillion at the beginning of the month, a 5.93% increase. The performance of the Altcoin market this month differs from the pump of encryption concept stocks. Here are some outstanding US encryption stocks: Circle, listed on June 5th with an IPO price of $31, closed at $222.62 yesterday, a rise of 618.2%; CEX closed at $246.62 in May and closed at $344.82 yesterday, a rise of 39.82%; mining company Riot Platforms closed at $8.07 in May and closed at $10.02 yesterday, a rise of 24.16%; mining company Hut 8 Corp closed at $15.27 in May and closed at $17.24 yesterday, a rise of 12.9%. Significant risers in US encryption treasury companies include: SRM Entertainment with a rise of 1273.91% in June, TRON (Tron) announced the listing launch of TRX strategic reserve through its Reverse collaboration; Eyenovia with a rise of 440.12% in June, previously announced $50 million PIPE financing to initiate HYPE treasury strategy; Next Technology Holding with a rise of 12.9% in June, holding about 5,833 BTC as of Q1; Semler Scientific with a rise of 4.73% in June, holding 4,449 BTC as of June 4; Davis Commodities with a rise of 57.86% in June, planning to buy BTC worth $12 million at bid price, with an initial investment of $4.5 million; Yutai Logistics with a rise of 52.98% in June, planning to acquire up to 15,000 BTC and apply for a Hong Kong dollar Stable Coin license; Mercurity Fintech with a rise of 26.38% in June, planning to raise $800 million to establish a long-term BTC reserve; Classover with a rise of 19.17% in June, will issue $500 million convertible notes to establish SOL treasury reserve; Quantum BioPharma with a rise of 101.56% in June, with a total value of BTC and other cryptocurrencies at $4.5 million; DDC Enterprise with a rise of 35.77% in June, holding a total of 138 BTC.