Crypto stocks rise premarket as bitcoin hits over one-week high: ProShares Bitcoin Strategy ETF up 2.6%, iShares Bitcoin Trust up 2.7%, Coinbase Global up 1.8%, Bitfarms up 1.6%, Strategy up 2.6%

Crypto stocks rise premarket as bitcoin hits over one-week high: ProShares Bitcoin Strategy ETF up 2.6%, iShares Bitcoin Trust up 2.7%, Coinbase Global up 1.8%, Bitfarms up 1.6%, Strategy up 2.6%

Title: Crypto Stocks Rise Premarket as Bitcoin Hits Over One-Week High

Crypto stocks experienced significant gains premarket on September 2, 2025, as Bitcoin (BTC) hit a high not seen in over a week. Key performers included ProShares Bitcoin Strategy ETF (BITB), iShares Bitcoin Trust (IBIT), Coinbase Global (COIN), and Bitfarms (BITF). These gains were driven by a rebound in Bitcoin's price, which reached over $110,000 after a period of volatility.

ProShares Bitcoin Strategy ETF (BITB)
ProShares Bitcoin Strategy ETF (BITB) saw a 2.6% increase premarket, reflecting investor optimism in the Bitcoin market. BITB is a popular choice among investors seeking exposure to Bitcoin without directly holding the cryptocurrency. The ETF's performance aligns with the broader crypto market sentiment, indicating strong demand for Bitcoin-related investments [1].

iShares Bitcoin Trust (IBIT)
iShares Bitcoin Trust (IBIT) gained 2.7% premarket, underscoring the growing interest in Bitcoin ETFs. IBIT, launched on January 5, 2024, is a passively managed fund that seeks to track the spot price of Bitcoin. The fund's total return of 89.05% in the past year and an average annual return of 62.75% since inception have attracted many investors [2].

Coinbase Global (COIN)
Coinbase Global (COIN) rose by 1.8% premarket, benefiting from the overall crypto market uptick. Coinbase, a leading cryptocurrency exchange, has seen increased trading volume and user activity, contributing to its stock price appreciation. The company's strategic focus on expanding its services and partnerships has also bolstered investor confidence [1].

Bitfarms (BITF)
Bitfarms (BITF) saw a 1.6% increase premarket, driven by positive analyst ratings and institutional investment. Bitfarms, a cryptocurrency mining company, has received a "buy" rating from several analysts, with a consensus price target of $3.95. The company's market capitalization stands at $745.25 million, with significant fluctuations in stock performance, ranging from $0.67 to $2.76 [1].

Strategy
The Strategy ETF (BITB) also gained 2.6% premarket, mirroring the performance of ProShares Bitcoin Strategy ETF. The ETF's strategy involves tracking the performance of Bitcoin, providing investors with a straightforward way to gain exposure to the cryptocurrency market.

Conclusion
The premarket gains in crypto stocks reflect a positive outlook on Bitcoin and the broader crypto market. Investors are showing increased confidence in Bitcoin's potential, driving up the prices of related ETFs and stocks. As Bitcoin continues to influence the crypto market, investors should closely monitor these trends and consider the risks associated with cryptocurrency investments.

References
[1] https://www.marketbeat.com/instant-alerts/filing-charles-schwab-investment-management-inc-purchases-1306212-shares-of-bitfarms-ltd-bitf-2025-08-30/
[2] https://stockanalysis.com/etf/ibit/