Bitcoin's $123K Boom Meets Crypto Week: Blastoff Moment For MicroStrategy, Marathon Digital?

Zinger Key PointsBitcoin’s rally and Crypto Week could trigger a breakout for miners like Marathon, Riot and CleanSpark.MicroStrategy’s $73 billion Bitcoin bet may amplify gains — if regulation sparks institutional buying.PPI and Industrial Production drop Wednesday morning — see how Matt Maley is trading the reaction, live at 6 PM ET.BitcoinBTC/USDblasted through$123,000 on Monday— just as Capitol Hill kicks off Crypto Week, a rare bipartisan push to pass sweeping digital asset legislation. With the Clarity Act and stablecoin oversight bills set for a vote, investors are eyeing what could be a regulatory green light for serious institutional capital to flood into the space.And the biggest beneficiaries? Not just Bitcoin itself, but Bitcoin proxies such asStrategy IncMSTRand miners likeMARA Holdings IncMARA.Read Also:How Donald Trump’s ‘Big Beautiful Bill’ Was A ‘Big Beautiful Boost’ For BitcoinMiners Could Rocket On Clarity And Short SqueezesAs of June 30, MARA held 49,940 BTC, yet the stock still carries a massive 26% short interest. If Bitcoin’s momentum continues and regulation gives Wall Street the green light, MARA could be primed for a short squeeze-fueled breakout.Other mining names likeRiot Platforms IncRIOTandCleanSpark IncCLSKare also poised to benefit from rising Bitcoin prices, especially as institutional traders pile into regulated vehicles like BlackRock'siShares Bitcoin TrustIBIT.The risk?Post-halving profitability remains tight for miners. Power costs and potential tariff-driven input inflation could compress margins just as demand spikes. But with Bitcoin hitting all-time highs and regulatory clarity emerging, the market may overlook these near-term headwinds in favor of momentum — and FOMO.Strategy's Bitcoin Bet Looks Brilliant — Or LeveragedThen there's Strategy, which now holds a staggering 597,325 BTC, valued near $73.5 billion. With Bitcoin's breakout,Michael Saylor's all-in strategy looks vindicated — on paper. But Strategy remains a high-beta play, heavily exposed to Bitcoin price swings and carrying leverage risk. Still, with the stock often moving multiples of Bitcoin's gains, the upside in a regulatory tailwind scenario is hard to ignore.Social media chatter hints at a potential $2-3 trillion wave of institutional capital waiting for clear rules. If Crypto Week delivers even modest progress, it could set off a moonshot for miners and Bitcoin-heavy stocks.Loading...Loading...Read Next:Bitcoin, ETH, XRP, Solana Are In For A ‘Long And Exhausting Bull Market,’ Bernstein PredictsPhoto: Shutterstock$BTCBitcoin$119300.000.14%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum95.94Price TrendShortMediumLongOverviewMSTRStrategy$442.161.74%CLSKCleanspark Inc$12.51-1.11%IBITiShares Bitcoin Trust$68.091.31%MARAMARA Holdings Inc$19.682.80%RIOTRiot Platforms Inc$12.27-1.21%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:CryptocurrencyGovernmentLong IdeasTop StoriesMarketsTrading IdeasStories That Matter