Bitcoin Miners Ignore the Bloodbath
Bitcoin mining stocks turned Wall Street into their own stage during the week’s second trading session. IREN Limited (Nasdaq: IREN) took center spotlight, leaping 6.8% on the day, 31.17% across five sessions, and an eye-popping 528.10% year to date—all while flaunting a $16.72 billion market cap.
Bitmine Immersion Technologies (NYSE American: BMNR), an ETH treasury heavyweight, lost a bit of its shine—sliding 6.16% on the day despite flaunting a massive 658.97% year-to-date climb and a $10.26 billion valuation. Riot Platforms (Nasdaq: RIOT) played it cool, dipping just 0.41% today but still riding an 11.53% five-day lift and a 110.28% gain this year, sitting pretty at $7.94 billion.
MARA Holdings (Nasdaq: MARA) eased 1.55% lower on the day but managed to hang onto a 7.77% five-day bump and a 20.75% year-to-date gain, clocking in with a $7.5 billion market cap. Applied Digital (Nasdaq: APLD) cooled off by 1.47% but stayed in the green overall—up 3.13% across five days and 257.32% this year—valued at $7.13 billion.
Cipher Mining (Nasdaq: CIFR) kept the energy flowing, climbing 2.67% in 24 hours, 14.04% in five days, and 239.43% YTD, with a firm $6.19 billion market cap to its name. Meanwhile, Core Scientific (Nasdaq: CORZ) tripped 4.52% today, the only miner flashing red for the week with a 5.52% dip, though it still boasts a 21.7% climb this year and a $5.22 billion market cap.
Cleanspark (Nasdaq: CLSK) flexed some staying power, tacking on 3.04% today, 18.62% over five days, and 95% YTD to hit a $5.05 billion valuation. Terawulf (Nasdaq: WULF) and Hut 8 (Nasdaq: HUT) wrapped things up with mild daily lifts—1.17% and 0.74%, respectively—clocking in at $4.73 billion and $4.4 billion in market caps. Both are still rocking triple-digit yearly gains, with Terawulf up 113.78% and Hut 8 holding strong at 103.66%.
In short: much like the crypto economy itself in 2025, most publicly listed bitcoin miners are still feasting—though some are dining on filet mignon while others are left nibbling on scraps.
