Significant Increase in Bitcoin Mining Stock Market Value
Publication Time:2024-07-24 08:31:07
In the last two weeks, the stock market value of leading cryptocurrency mining companies worldwide has undergone a significant rise, with most companies achieving more than a 10% percentage increase. Marathon Digital (ticker symbol MARA) as an industry standout, its market value surged from $55.1 billion on July 8th to $75.6 billion by the weekend, a near 37% increase within five days, and maintained a 27% hike over the following eleven days. Riot Platforms (ticker symbol RIOT) also showed a similar strong growth trend, jumping from $27.8 billion to $36.7 billion, achieving a staggering 32% weekly net gain in the second week of July, stabilizing at $31.6 billion by the end of the weekend. Hut 8 Mining Corporation (ticker symbol HUT), although with relatively smaller gains, saw its value rise from $15.8 billion two weeks ago to $17.6 billion at the end of this week, marking an approximately 11% growth, reflecting the positive outlook for the cryptocurrency market's expectations towards mining operations.
Cryptocurrency Mining
Bitcoin Mining
Stock Market Value Growth