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Antelope Enterprise shares surge 26.48% intraday on strategic Bitcoin partnership with BitGo.
ByAinvest
Wednesday, Nov 26, 2025 9:32 am ET1min read
Antelope Enterprise (AEHL) surged 26.48% intraday after announcing a strategic Bitcoin partnership with BitGo in August 2025, which aims to enhance Bitcoin acquisition and security through multi-signature custody solutions. The move, defying an 85.3% year-to-date decline, was fueled by renewed speculative interest in crypto-related assets and technical indicators showing oversold conditions (RSI at 27.3). While the partnership was previously disclosed, algorithmic trading or short-covering likely amplified the intraday rally, aligning with broader blockchain sector momentum driven by Bitcoin ETF optimism. The stock’s rebound remains far from its 52-week high, highlighting its high-risk profile amid mixed peer performance.
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