Best and worst performing crypto stocks of 2025: BitMine, IREN and Robinhood lead as Strategy struggles
Crypto stocks saw a volatile 2025, with BitMine (+345%) and IREN (+300%) leading gains, while Sol Strategies (-88%) performed the worst.Summary
The crypto stock market experienced significant volatility in 2025, influenced by political events like President Trump's re-election and the debut of his memecoins, alongside regulatory progress such as the stablecoin GENIUS Act and the launch of Solana and XRP spot ETFs. Despite Bitcoin hitting a new high of $120,000, the S&P 500 rose 17% while Bitcoin and Ether prices dropped. The top performer was BitMine Immersion (BMNR) at +345% after pivoting to Ethereum staking, followed by IREN Ltd (+300%) which is expanding into AI infrastructure, and Robinhood Markets (HOOD) at +208% due to a 300% rise in crypto revenue. Conversely, the worst performer was Sol Strategies (-88%), which rebranded to focus on Solana investments before its CEO stepped down. Strategy Inc (MSTR), despite being the largest corporate Bitcoin holder, struggled, posting a -44% return.
(Source：The Block)