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BTC mining stocks double in a month as production ramps

2022.08.12 18:25

BTC mining stocks double in a month as production ramps
BTC mining stocks double in a month as production ramps

Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability, and sharp increases in BTC production.

Crypto mining companies Marathon Digital Holdings (124.12%), Core Scientific (110.39%), Hut 8 (98.95%), and Riot Blockchain (NASDAQ:RIOT) (96.69%) have seen their stock prices rocketing upwards over the last 30-days, according to data from Yahoo Finance — significantly outperforming Bitcoin (BTC) (18.0%) and Ether (ETH) (67.8%) asset prices.

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