PANews reported on May 12 that the three major U.S. stock indexes opened sharply higher, perhaps due to the easing of the trade war sentiment. The Dow Jones Industrial Average rose 2.6%, the S&P 500 rose nearly 3%, and the Nasdaq rose 4%. Apple (AAPL.O) rose 5.8%, and it was reported that it was considering raising the price of its new iPhone in the fall. Tesla (TSLA.O) rose 6.9%, and Nvidia (NVDA.O) rose 5.1%. Blockchain concept stocks generally rose by about 4-6%.

At the same time, affected by Nakamoto's announcement of a merger with medical data company KindlyMD (NASDAQ: KDLY) , KDLY's stock price soared nearly 600%, from $3.90 to over $26. Affected by the merger agreement signed between mining companies American Bitcoin and Gryphon , GRYP's stock price opened up more than 300%, from $0.52 to about $2.2.