BIT Mining (BTCM) Shares Climb 29% in a Week as Bitcoin Tops $100,000

Over the past week, BIT Mining (BTCM) shares rose by 29% as Bitcoin broke through $100,000. This synchronized increase illustrates the mining sector’s sensitivity to BTC price movements. BIT Mining’s market cap nears $750 mln, up about $170 mln in just 7 days.

In the last quarter, the firm boosted its hash rate by 12%, reaching roughly 6.2 EH/s. About 60% of this gain was achieved via equipment upgrades and data center expansions. Analysts foresee an additional 8–10% market cap increase by month’s end.

As BTC’s value escalates, investors pay closer attention not only to the coin itself but also to infrastructure companies like BIT Mining, whose performance closely tracks market shifts.