Core Insights - The recent US government shutdown has led to increased uncertainty in traditional financial markets, prompting investors to seek safer assets, particularly in the crypto sector [1] - The US dollar has slightly depreciated due to political gridlock, resulting in more liquidity flowing into cryptocurrencies and boosting the performance of crypto-related stocks [1] HIVE Digital Technologies Ltd (HIVE) - HIVE Digital shares closed at $4.46, marking a 2.29% increase, driven by a strong September production report and progress at its new facility [2] - The company produced 267 BTC in September, an 8% month-over-month increase from August's 247 BTC and a 138% year-over-year increase from 112 BTC in September 2024 [2] - HIVE's 100 MW Phase 3 Valenzuela facility is nearing completion ahead of schedule, contributing to its operational efficiency [3] - September's production of 267 BTC is the highest monthly output for HIVE in 2025, positioning the company favorably in the market [3] - If buying momentum continues, HIVE's share price could potentially rise above $5, targeting $5.54 [3] Digi Power X (DGXX) - DGXX closed at $2.64, reflecting a modest 1% increase, as investors reacted to the company's operational updates [5] - The company announced its ARMS 200 has achieved Tier III certification under the ANSI/TIA-942 standard, placing it among a select group of global providers with certified modular AI data center platforms [5] - The first Tier III-certified ARMS 200 pod is set for delivery to Alabama by November, with commissioning expected in December [6] - Digi Power X has strengthened its partnership with Super Micro Computer to integrate AI-optimized systems into its ARMS platform [6] - The company is well-capitalized with approximately $29 million in cash, Bitcoin, Ethereum, and deposits as of September 30 [6] - If updates drive buy-side pressure, DGXX could rise toward $2.95, with potential for a breakout on strong volume [7]
3 US Crypto Stocks to Watch This Week
Yahoo Financeยท2025-10-06 19:30