The historical maximum of one large cryptocurrency is already a phenomenon worthy of attention. When in a month two such digital assets as bitcoin and ether immediately storm their price records, this is completely out of the ordinary. Nevertheless, the normal flight did not last all of August – the correction followed it. Consider how the shares of companies that invest in bitcoin reacted to this, extract or use it as a payment fund.
Riot Platforms (Nasdaq: Riot)
It opens a list of the largest crypto companies, the Riot Platforms miner with a market capitalization of $ 5.08 billion. August was ambiguous for the company’s shares. In general, in a month, growth amounted to 2.61%. A modest increase in value is explained by the fact that throughout the month, investors played out the losses of the first day.
The fact is that on July 31, a report was released for the second quarter. Despite the fact that in general it turned out to be positive: the revenue increased by 119% compared to a similar indicator of 2024, and net profit reached $ 219.5 million against a loss of $ 84.4 million a year earlier, investors clearly waited for more.
For example, consensus prognosis in income was 2.6% higher than the indicated. August growth after the report is associated with the achievement of the BTC of the historical maximum, successful operational results for July (the company mined 484 bitcoin), as well as the signing of Donald Trump, according to the which Pension funds will be able to invest in cryptocurrency.
Source: TradingView.com
Mara (Nasdaq: Mara)
Another miner – Mara (former Marathon Digital) – took the ninth position with a market capitalization of $ 5.91 billion. For him, August developed less successfully compared to Riot: the shares decreased by 0.63%. The main reason is the growth of competition in the industry. The company lost a leading position in the industry: in July, the Australian miner Iren is not only Got it More than the Mara (728 BTC versus 703 BTC), but also overtook the latter according to market capitalization.
Source: TradingView.com
Iren (Nasdaq: Iren)
The Australian company Iren with a market capitalization of $ 6.4 billion occupies the eighth place in the list. Its main activity is associated with the development of data centers and Bitcoin mining using renewable energy sources. August 2025 for the company’s shares was successful: growth amounted to 64.37%. The key factor in such dynamics was the rise in the cost of bitcoin in the first half of the month and a positive financial report in the second: Iren for the first time Reported About the annual profit of $ 86.9 million.
Source: TradingView.com
Galaxy Digital (NASDAQ: GLXY)
Galaxy Digital with a market capitalization of $ 7.88 billion was in seventh place. Its activities in the field of cryptocurrencies are covered by trading, asset management, stakeing and much more. Despite the fact that Bitcoin updated his historical maximum, Galaxy Digital shares in August 2025 decreased by 17.35%. The decrease is associated with relatively weak financial indicators for the second quarter: the revenue amounted to $ 9.1 billion against $ 13.9 billion for consensus prognosis, the volume of crypto actuas trading decreased by 22%.
Source: TradingView.com
Block (NYSE: XYZ)
Block payment service (formerly Square), developing products based on cryptocurrencies and investing in Bitcoin, is located in sixth place with a market capitalization of $ 48.54 billion. August was neutral for its shares: growth amounted to only 3.08%.
The main factor that predetermined the dynamics of Block securities was the financial report, published at the beginning of the month. He turned out to be quite contradictory. On the one hand, the adjusted profit per share amounted to $ 0.62, which surpassed the consensus prognosis by 3.3%. Nevertheless, compared with a similar indicator of 2024, a decrease was observed by 33.3%.
Pure revenue did not reach 4.2% consensus process, amounting to $ 6.05 billion. This is 1.6% less than in the second quarter of 2024. From the positive it is worth noting that the company Continues To develop new products on their main platforms: Square and Cash App.
Source: TradingView.com
Grayscale Bitcoin Trust (NYSE: GBTC)
The fifth place goes to the Spring ETF from Grayscale – Grayscale Bitcoin Trust with a capitalization of $ 58.84 billion. Its shares (PAI) in August decreased by 7.4%. The dynamics of spotes ETF on Bitcoin as a whole in August left much to be desired. The total outflow of funds this month exceeded $ 750 million. What is interesting, while Bitcoin grew up, the GBTC shares also updated their historical maximum, but after they began to adjust after the BTC.
Source: TradingView.com
PayPal (nasdaq: pypl)
The fourth place in the PayPal payment service, which provides services, including in cryptocurrency, with a market capitalization of $ 67.05 billion. In August 2025, its shares increased by 2.08%. Such a modest rise in value is explained by the light shock of investors after publishing a report for the second quarter at the end of July. Despite the fact that almost all financial indicators turned out to be Higher than a year earlier, alarming moment was a decrease in free cash flow by 49% – to $ 692 million.
Source: TradingView.com
Coinbase (Nasdaq: Coin)
The third largest crypto company for market capitalization is the Coinbase exchange with $ 78.24 billion. August 2025 brought a decrease in 19.38%for its shares. In fact, all the fall took place in the early days of the month, and then the lateral movement was observed. The main reason for negative dynamics is to fall in the second quarter by 26%. However, this did not prevent Coinbase from demonstrating a net profit of $ 1.43 billion. Representatives of the analytical company Benchmark counted A decrease in crypto -tank shares in August by the consequence of “noise”, not fundamental factors, noting that this is a good chance for buying on a fall.
Source: TradingView.com
Strategy (nasdaq: mstr)
The holder of the largest reserve in bitcoins among public companies – Strategy (former Microstrategy) – takes the second place with the market capitalization of $ 94.82 billion. In August 2025, its shares decreased by 17.53%. One of the main reasons for the fall in the cost of securities Strategy was their inclusion in the S&P 500 index. In addition, in the second half of August, a negative impact Provided Bitcoin price reduction below $ 110,000.
Source: TradingView.com
Tesla (nasdaq: tsla)
The leader in capitalization crypto companies is the manufacturer of electric cars and one of the largest bitcoin holders – Tesla with $ 1.076 trillion. In August, the company’s shares added 8.3%. The main ones catalysts Tesla has a positive dynamics of securities of Tesla’s stir around its developments based on artificial intelligence: unmanned taxis and human -like robots Optimus, as well as a weak financial report of the Chinese competitor by BYD, whose net profit is in the yuan Falled 30% in the second quarter of 2025.
Source: TradingView.com
Conclusion
Thus, in August, the shares of the five largest companies increased, and securities of the same number of organizations decreased in price. The best results were shown by Iren, who became the largest mining company. The Coinbase crypto officer was worse than others, which lost almost a fifth of its value.
This material and information in it is not an individual or other other investment recommendation. The view of the editorial office may not coincide with the opinions of analytical portals and experts.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
