Cryptocurrency

BTC mining stocks surge as Bitcoin breaks $25k

quick take

So far, 2023 has been a great year for Bitcoin miners with a surge in hash rates and prices. As a result, stock prices have surged since the beginning of the year.

  • Iris Energy Limited: 270%
  • Bitfarm Inc.: 170%
  • Hut 8: 158%
  • Bit Digital Co., Ltd.: 138%
  • Marathon Digital Holdings Co., Ltd.: 139%
  • HIVE Blockchain Technologies Inc.: 133%
  • Riot Platforms Inc.: 105%
  • Stronghold Digital Mining Co., Ltd.: 72%
  • Clean Spark Co., Ltd.: 51%
  • BTCUSD: 50%

Hashrate hits all-time high

  • The Bitcoin hashrate continues to hit all-time highs, surpassing 312 TH/s as of February 16.
  • 37% increase on February 14th, 16% increase on February 15th.
Miner stock price ytd: (Source: Trading View)
Hashrate Tuning: (Source: Glassnode)
Hashrate Tuning: (Source: Glassnode)

BTC mining stocks skyrocketed as Bitcoin broke $25,000, first appearing on CryptoSlate.

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