12 hours ago
Publicly traded crypto mining companies are posting beardown gains successful 2026, adjacent arsenic the broader crypto marketplace remains nether pressure.
All 10 of the largest publically traded mining stocks are successful affirmative territory year-to-date (YTD), with gains ranging from astir 5% to much than 85%, according to data from Bitcoinminingstock.io.
Top Bitcoin mining stocks by marketplace cap. Source: Bitcoinminingstock.ioTop Bitcoin mining stocks by marketplace cap. Source: Bitcoinminingstock.io
TeraWulf, Inc. leads the radical with gains of astir 85%, followed by Hut 8 Corp. astatine astir 67% and Riot Platforms, Inc. astatine astir 46%.
Other large miners person besides posted beardown gains, including Core Scientific, Inc., up astir 40%, and Applied Digital Corporation, which has risen astir 37% year-to-date.
At the little end, Bitdeer Technologies Group is up astir 5%, making it the weakest performer among the apical 10. Outside that group, American Bitcoin Corp., a Trump-linked Bitcoin mining and treasury company formed by Hut 8 and backed by Eric Trump and Donald Trump Jr., is down astir 29%.
The determination comes adjacent arsenic Bitcoin (BTC) remains down astir 20% YTD, adjacent aft gaining astir 17% successful the past 30 days.
Source: CoinGeckoSource: CoinGecko
Related: Canaan, Tether deepen concern connected immersion-cooled mining systems
Top crypto miners determination deeper into AI infrastructure
The gains travel arsenic galore of the largest mining companies propulsion deeper into artificial quality and high-performance computing (HPC).
On Thursday, Riot Platforms reported $167.2 cardinal successful revenue for the archetypal 4th of 2026, with its information halfway concern contributing $33.2 million, helping offset a diminution successful halfway mining revenue. CEO Jason Les described the 4th arsenic an “inflection point,” arsenic the institution transitioned into a revenue-generating information halfway operator.
Core Scientific, Inc. is besides scaling its infrastructure, with plans to make a Texas tract into an AI-focused information halfway campus with up to 1.5 gigawatts of capacity, including astir 1 gigawatt disposable for leasing. The institution said astir 300 megawatts presently utilized for Bitcoin mining astatine the tract volition beryllium repurposed for information halfway operations.
In February, HIVE Digital Technologies reported a 219% year-over-year leap successful quarterly gross arsenic it built retired its AI and high-performance computing business, arsenic good arsenic a $30 cardinal contract to deploy Nvidia GPUs for endeavor AI unreality customers. That aforesaid month, MARA Holdings, Inc. acquired a 64% involvement successful French AI information halfway institution Exaion.
A study from Bernstein past week said IREN Limited, the largest publically traded miner by marketplace cap, could yet “sunset” its Bitcoin mining operations arsenic it repurposes sites for GPU-based workloads.
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