U.S. stock market midday update: BitMine Immersion Tech up 10.55%

Tracking Unusual Activity
2025.08.12 15:47
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BitMine Immersion Tech rose 10.55%; Palantir Tech rose 1.46%, with a transaction volume of USD 4.657 billion; Circle rose 6.24%, with a transaction volume of USD 3.94 billion; Strategy fell 0.19%, with a transaction volume of USD 1.59 billion; SAP fell 5.70%, with a market capitalization of USD 315.5 billion

U.S. Stock Market Midday Update

BitMine rose 10.55%, with a significant increase in trading volume. Based on recent important news:

  1. On July 4, BitMine announced a $25 million financing for Ethereum acquisition, with the stock price soaring 3000%.

  2. On July 1, the company announced its Ethereum reserve strategy, leading to a 50% increase in stock price.

  3. On July 3, it completed a $250 million private placement financing, with the stock price rising 64.2%.

Stocks with High Trading Volume in the Industry

Palantir Tech rose 1.46%, with a trading volume of $4.657 billion. Based on recent key news:

  1. On August 12, Wedbush Securities raised Palantir's target price to $200 due to strong demand for its AI platform, driving the stock price up.

  2. On August 11, Palantir set a new closing high, with a year-to-date increase of nearly 150%, as investors are optimistic about its AI-driven growth prospects.

  3. On August 9, Palantir released impressive Q2 financial results, with revenue surpassing $1 billion for the first time, leading to a significant stock price increase.

Circle rose 6.24%, with a trading volume of $3.94 billion. Based on recent important news:

  1. On August 12, Circle released its first financial report, with revenue growing 53% year-on-year, exceeding market expectations, and the stock price rose over 6% in pre-market trading.

  2. On August 12, Circle announced the launch of ARC, a Layer 1 blockchain focused on stablecoins, further boosting the stock price.

  3. On August 12, analysts gave Circle a "Buy" rating with a target price of $250, expecting a 55% increase in stock price.

Strategy fell 0.19%, with increased trading volume. Based on recent key news:

  1. On August 11, Strategy announced the purchase of 155 bitcoins for $18 million, at an average price of $116,401. Following this news, the stock price rose 2% in pre-market trading.

  2. On August 11, Strategy disclosed that the unrealized profits from its bitcoin portfolio had exceeded $30 billion, further enhancing market confidence.

  3. On August 12, Mizuho raised Strategy's target price from $563 to $586, maintaining an "Outperform" rating.

Stocks with High Market Capitalization in the Industry

SAP fell 5.70%, with increased trading volume. Based on recent important news:

  1. On July 23, after SAP released its financial report, the stock price fell 3% in after-hours trading due to outlook risks from exchange rate fluctuations, narrowing to 1.7%.

  2. On July 23, SAP's CFO stated that U.S. tariff tensions led to delays in large transactions, affecting market confidence On July 23, SAP's cloud revenue growth fell short of expectations, with exchange rate fluctuations impacting growth by 3.5 percentage points

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