It was an eventful 12 months for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining firms posted double-digit features, whereas others additionally delivered strong performances.
Bitcoin Miners Trip Excessive: High Seven Companies by Market Cap Publish Positive aspects
At present, bitcoinminingstock.io lists round 30 publicly listed mining companies as of Jan. 2, 2025. Main the pack in whole market worth is Galaxy Digital, an organization providing a wide range of crypto companies past mining. Established in January 2021, Galaxy Digital now boasts a market cap of $6.07 billion. Shut behind, MARA Holdings holds the second spot with a valuation of $5.94 billion.
High three publicly listed bitcoin miners by market valuation.
In third place, Core Scientific’s market cap barely exceeds $4 billion this week. 12 months-to-date (YTD) figures present that Galaxy Digital shares (GLXY) edged up by 2.12%, MARA shares climbed 4.23%, and CORZ shares noticed a 3.2% enhance. Mawson Infrastructure Group (Nasdaq: MIGI) stole the present, nonetheless, with an enormous 20.38% acquire to start out the 12 months.
The highest 5 gainers in 2025 up to now.
Northern Information (XETRA: NB2), rating fifth by market cap, recorded a 14.7% enhance, whereas Bitfufu skilled a 13.39% uptick towards the U.S. greenback. Different sturdy performers included Bitfarms, Stronghold, Bitdeer, and Hive. Impressively, the seven largest publicly listed mining companies have all begun the 12 months with features. With 2024’s turbulence behind them, the early weeks of 2025 recommend an electrifying 12 months forward for bitcoin miners.
A number of companies are adopting strategic reserve insurance policies, holding bitcoin on their steadiness sheets, whereas others are branching out into synthetic intelligence (AI) cloud companies and knowledge administration. Some firms are leveraging debt to spice up their bitcoin acquisitions and increase infrastructure, with substantial orders positioned for mining machines from producers resembling Bitmain, Canaan, Microbt, and Auradine.
