Visa Crypto Spending Jumps 525%! 01/07/26

Visa Crypto Spending Jumps 525%! 01/07/26 Key Stories: Shares of MicroStrategy, the business intelligence and bitcoin-accumulation company, climbed 5% in premarket trading after index provider MSCI confirmed it would not exclude crypto treasury companies from its indexes. This positive sentiment for firms heavily invested in digital assets provided a lift, signaling potential broader acceptance. However, it wasn’t all green across the board, as global mining stocks including Newmont, Freeport-McMoRan, and UK-listed Antofagasta, came under pressure. This decline followed a stall in the recent rally for both precious and industrial metals, suggesting a cooling in commodity markets that investors should monitor closely for sustained trends. Read more Speaking of the digital asset space, there’s significant news regarding mainstream crypto adoption. Visa-linked crypto card spending saw an astronomical jump of 525% in 2025, surging from $14.6 million to $91.3 million in net spend, according to recent research. This remarkable growth underscores a broader pattern of cryptocurrency shifting from pure speculation towards practical utility, with stablecoins and payment rails now facilitating trillions of dollars in monthly volume. This accelerated adoption suggests that traditional payment systems and financial institutions may see increased integration with digital assets, making it a key area to watch for future innovation and investment. Read more Now, let’s pivot to the fintech sector where SoFi Technologies, the online personal finance company, saw its shares tumble almost 8% yesterday. This sharp drop came after Bank of America, the global investment bank, resumed coverage on the stock with an “underperform” rating. The analyst cited limited upside at SoFi’s current valuation multiple as the primary concern, despite also raising their firm’s price target. The new $20.50 price target implied a significant 30% downside from where the stock had been recently trading. Investors should track how this analyst sentiment impacts SoFi’s performance and if other firms follow suit. Read more Keywords: ANTO, BAC, Bank of America, Bitcoin, Commodities, Crypto Adoption, Crypto Card Spending, Digital Payments, FCX, Fintech, MSCI, MSTR, Mining Stocks, NEM, Payments Rails, Pre-market, Price Target, SOFI, Stablecoins, Stock Drop, Underperform Rating, VisaThe post Visa Crypto Spending Jumps 525%! 01/07/26 first appeared on Rapid Money Radio.