Bitcoin carriers Metaplanet and Satoshi Nakamoto share prices plummeted, with Galaxy, Circle and Bitfarms leading cryptocurrency stocks

Cryptocurrency stocks soared Thursday as Bitcoin hit its highest level since mid-August. Galaxy Digital rose 12% after leading a $1.65 billion Solana funding fundraising, while Bitfarms rose 18% as it expands into the high-performance computing space. Circle Internet rose 16%, which could mark a technical rebound from its post-IPO decline. Coinbase, Robinhood and major Bitcoin miners also rose, outperforming the S&P 500 and Nasdaq. However, while the price of Bitcoin climbed to $115,000, Bitcoin fund management companies Metaplanet and Nakamoto fell 10% and 14% respectively.