Bitfarms (NASDAQ: BITF) stock soared 16.5% to $2.89 with nearly 154 million shares traded, hitting a 52-week high and doubling in value over the past week. The S&P 500 and Nasdaq eased slightly from record highs. Peers like MARA Holdings (NASDAQ: MARA) and Hut 8 Corp (NASDAQ: HUT) also rose, but Bitfarms outperformed. The rally was driven by retail sentiment, online trading communities, and strong Bitcoin prices. The surge reflects growing interest in companies with large-scale computing power, but also highlights the speculative nature of trading in cryptocurrency mining companies.

Read more at Nasdaq: Stock Market Today: Bitfarms Rises on Strong Retail Momentum