# Crypto Stock market today has seen a surge as CRCL jumped 20%, COIN climbed 10%, while BMNR and MSTR extended recent gains.

*fintech · news · 2026-05-12 · CoinGape*

## Key points

- Circle reported Q1 revenue of $694 million, a 20% year-over-year increase.
- Circle completed a $222 million ARC token presale, valuing the Arc network at $3 billion.
- Bitmine Immersion Technologies now holds 5.2 million ETH, representing 4.31% of Ethereum's circulating supply.
- Strategy Inc. purchased 535 BTC for $43 million, raising holdings to 818,869 BTC valued at $61.86 billion.
- The bipartisan Clarity Act, addressing crypto oversight, is moving to the Senate Banking Committee for a vote.

**Companies:** Coinbase Global, Inc. (COIN), Circles Internet Group, Bitmine Immersion Technologies, Inc. (BMNR), Strategy Inc. (MSTR)
**Countries:** United States

[Read the full story on CoinGape](https://coingape.com/markets/crypto-stock-market-today-crcl-jumps-20-coin-soars-10-as-bmnr-and-mstr-extend-rally/)

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