BTC mining stocks surge as Bitcoin breaks $25k Quick Take
So far, 2023 has been a great year for Bitcoin miners as the hash rate and price has surged. As a result, share prices have soared YTD;
- Iris Energy Limited: 270%
- Bitfarms Ltd: 170%
- Hut 8: 158%
- Bit Digital Inc.: 138%
- Marathon Digital Holdings Inc: 139%
- HIVE Blockchain Technologies Ltd: 133%
- Riot Platforms Inc: 105%
- Stronghold Digital Mining Inc: 72%
- CleanSpark Inc: 51%
- BTCUSD: 50%
Hash Rate extends all-time high
- Bitcoin hash rate also continues to make new all-time highs, surpassing 312 TH/s as of Feb. 16.
- While seeing back-to-back positive adjustments, 37% up on Feb. 14, and 16% up on Feb. 15.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
Latest Insights
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.