Bitcoin surpasses $97,000... Mining stocks surge across the board, CleanSpark and Bitdeer up 13%

Source: BlockMedia Original Title: [Crypto Stocks] Bitcoin Surpasses $97,000…Mining Stocks Surge Across the Board, CleanSpark and Bitdeer Up 13% Original Link: As Bitcoin’s price skyrocketed over 3% in a single day to surpass $97,000, Bitcoin mining stocks listed on the U.S. stock market rebounded across the board. With renewed price momentum and expectations of improved mining profitability, stocks with structural growth stories such as AI data center expansion attracted market attention.

In the New York stock market, CleanSpark(CLSK) led the rally with an increase of over 5%, driving the strength of mining stocks. The positive impact on the stock price was attributed to the company’s announcement of a large-scale data center expansion plan targeting artificial intelligence(AI) and high-performance computing(HPC) in Brazoria County, Texas.

CleanSpark has signed a land purchase agreement for up to 447 acres and a long-term transmission facility expansion contract, aiming to secure an initial power capacity of 300 megawatts(MW), with the potential to expand up to 600MW. The deal is expected to close in the first quarter of 2026.

Bitdeer Technologies(BTDR) surged over 13%, recording the strongest increase among mining stocks, while Riot Platforms(RIOT) also rose 6%, showing a concurrent rally. Major North American miners such as Mara Holdings(MARA), TerraWulf(WULF), and CleanSpark also participated in the upward trend. Meanwhile, some stocks like IREN(IREN) and HUT8(HUT) experienced declines due to profit-taking, indicating stock-specific differentiation.

Market observers note that Bitcoin price rebound directly impacts mining profitability and that mining companies are expanding into AI data centers and energy-based digital infrastructure. The movement is shifting away from simply leveraging Bitcoin prices toward reevaluating these stocks as long-term power and computing infrastructure assets.

Overall, the Crypto Stocks market has shown a clear rebound centered on the mining sector driven by Bitcoin’s sharp rise. Analysts suggest that if Bitcoin stabilizes above $97,000, there will be further valuation reappraisals across the mining stocks.