Bitcoin Magazine Bitcoin Mining Stocks Surge Today as Market Optimism Builds
Shares of leading Bitcoin mining firms surged today alongside renewed strength in Bitcoin markets.
Marathon Digital Holdings (NASDAQ: MARA) climbed 7.97% to $21.13, Riot Platforms (NASDAQ: RIOT) jumped 11.21% to $22.28, and CleanSpark (NASDAQ: CLSK) rose 9.09% to $21.30, at the time of writing.
Earlier during Monday’s trading hours, some of these tickers saw stock increases of 10% or more.
The rally follows a rebound in Bitcoin prices and growing investor confidence in miners’ profitability and AI-initiatives.
Cleanspark announced a move into AI and HPC that marks a pivotal moment for the company. The miner said it is positioning itself to serve as a leading technology company, thanks to its large-scale energ