Publicly traded crypto-linked firms in the United States saw gains on Oct. 14 as Bitcoin rallied 6% to briefly hit $66,400 — its highest price since July 30.
Bitcoin (BTC) miner CleanSpark (CLSK) was the strongest performer for the day, closing up 12.72% at $10.81 and continuing to climb 1.72% after hours to $11, Google Finance data shows.
Crypto exchange Coinbase (COIN) followed, closing with an 11.3% gain at $196.35 — a seven-week high — and continued to climb 1.71% to $199.70 in after-hours trading.
Crypto miner IREN (IREN) — formerly Iris Energy — also saw double-digit percentage point gains of 10.21%, while competitors TeraWulf (WULF) and MARA Holdings Inc (MARA), formerly Marathon Digital, rallied 6.65% and 5.6%, respectively.
Change in the share price of the eight largest crypto mining firms by market cap on Oct. 14. Source: Companies Market Cap
Semler Scientific (SMLR) — a medical manufacturer firm that copied MicroStrategy’s Bitcoin-buying playbook — traded flat on Oct. 14 but then increased 4.3% in after-hours trading, while digital payments firm Block Inc. gained 2.8%, Yahoo Finance data shows.
Business intelligence firm MicroStrategy (MSTR) — which holds 252,220 BTC worth $16 billion — was one of the few that closed down on the day, dropping 5.1% to $201.67 but saw a slight 1.65% bump to $205 after hours.
Bitcoin miner Core Scientific (CORZ) also fell by 1.9% to $12.97, with a slight recovery to $13.05 after the bell.
The rallies and after-hours gains came alongside a 5.7% bump in Bitcoin price over the last 24 hours — which saw it briefly hitting its highest price since July 30 — prompting some industry analysts to speculate if “Uptober” has finally begun.
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Bitcoin analyst On-Chain College noted in an Oct. 14 X post that Bitcoin cleared its 200-day moving average and short-term holder cost basis of $62,600 — both key bull market support levels signaling a possible price breakthrough.
“Has Uptober begun?!” On-Chain College pondered.
In an Oct. 14 X post, Dan Tapiero, founder of crypto investment firm…
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