CEA Industries/BNC (+57%) — As a leveraged proxy for BNB (its treasury holds over 515,000 BNB), the stock tracked a strong rally in BNB itself, which has been pushing toward fresh highs on rising network activity, growing stablecoin volume on BNB Chain, and renewed institutional interest in BNB treasury vehicles. With no new BNB purchases disclosed this week, the move looks driven almost entirely by the underlying token's price action amplified through the stock's high beta.

Hut 8 / Keel Infrastructure / Bit Digital (+19% each) — All three benefited from the broader "bitcoin miner pivots to AI" trade. Hut 8 gained on confirmation its Beacon Point site underpins Anthropic's $35B Lambda/Nvidia cloud deal. Keel rallied on a new PowerSecure agreement and progress at its Moses Lake AI/HPC conversion. Bit Digital's ETH-treasury and staking model tracked strength in Ethereum alongside the broader crypto rally.

Metaplanet (-16%) — Fell on a governance controversy: CEO Simon Gerovich's expanded executive option pool (Series 10 plan) and undisclosed conflict-of-interest ties to MMXX Ventures drew shareholder backlash, and his attempt to explain the structure failed to calm concerns.