mining

Over 80% of listed Bitcoin mining companies have seen their stock prices rise in 2025, with Riot leading the increase among the top ten mining companies by market value

ChainCatcher news, bitcoinminingstock data shows that over 80% of listed Bitcoin mining companies have performed strongly at the start of 2025. The combined market capitalization of 31 listed Bitcoin mining companies is $44.16 billion, with 26 companies seeing their stock prices rise this year.So far this year, the highest stock price increase is Cathedra Bitcoin (TSXV: CBIT), which has risen by 25%. Among the top ten companies by market capitalization, Riot Platforms (NASDAQ: RIOT) ranks first with a stock price increase of 17.53%. Following closely is Hut 8 (NASDAQ: HUT), with a stock price increase of 14.2%. Meanwhile, companies like Galaxy, MARA, Northern Data, Cleanspark, and Iris Energy have seen stock price increases ranging from 6.49% to 12.01%.On the other hand, among the top ten Bitcoin mining companies by market capitalization this year, three have seen their stock prices decline, with decreases ranging from 0.07% to 14.62%. Core Scientific (NASDAQ: CORZ), ranked fourth by market capitalization, saw its stock price drop by only 0.07%. Terawulf (NASDAQ: WULF) fell by 4.59%, while Bitdeer (NASDAQ: BTDR) experienced the largest decline at 14.62%.At the same time, some mining companies are diversifying their business focus, exploring high-performance computing (HPC) and artificial intelligence (AI) hosting in addition to their BTC strategic reserves.According to data from theminermag.com, as of December 2024, publicly listed Bitcoin mining companies hold a record reserve of over 92,000 BTC.

Report: In 2024, multiple listed Bitcoin mining companies increased their BTC holdings and expanded into AI businesses, achieving business diversification

ChainCatcher message, according to a report released by NiceHash and Digital Mining Solutions on January 7, publicly listed Bitcoin mining companies are following in the footsteps of MicroStrategy by increasing their Bitcoin treasury holdings.The report states: "In 2024, there has been a significant shift among Bitcoin mining companies, with many choosing to retain more of their mined Bitcoin or not selling it at all."Mining companies may choose not to sell Bitcoin for various reasons, including expectations of further appreciation in BTC prices or strengthening their balance sheets, as well as for hedging against currency devaluation.The report mentions that MARA Holdings, Riot Platforms, and Hut 8 have used borrowed funds to increase their Bitcoin holdings, further expanding their treasury strategies. Four of the largest 16 Bitcoin-holding companies are mining firms.The report states that, in addition to their core mining operations, by 2024, some mining companies "will further diversify into high-performance computing and artificial intelligence to generate predictable revenue streams to buffer against mining volatility."This trend is particularly evident in the United States, where "the harsh mining economics and lucrative AI/HPC business are enticing them to diversify into other computing fields." In addition to increasing their BTC holdings, mining companies like CleanSpark have also chosen to retain most of the BTC produced in recent months. Several Bitcoin miners with a market capitalization of at least $100 million have generated significant revenue from AI and HPC initiatives. For example, in the first three quarters of 2024, HPC/AI revenue accounted for nearly 8% of Hut 8's revenue and nearly 7% of Hive Digital's revenue.
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