Bit Origin Shares Surge 75% Pre-Market As Bitcoin Rallies Past $118,000
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
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Source: Benzinga
Bit Origin Ltd. Stock Surge: Shares of Bit Origin Ltd. rose significantly in pre-market trading, increasing by as much as 75%, following a rally in Bitcoin prices which surpassed $118,000. The company recently regained compliance with Nasdaq's equity standards.
Market Impact: The surge in Bit Origin's stock is part of a broader trend affecting Bitcoin-related equities, with other companies like Strategy Inc. and MARA Holdings also experiencing gains amid the cryptocurrency market's momentum.
Analyst Views on WGMI
Wall Street analysts forecast WGMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WGMI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 47.910
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Current: 47.910
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
