ChainCatcher reports that, according to CoinDesk, although Bitcoin prices have fallen nearly 17% this month, the stock prices of several Bitcoin mining companies have defied the trend and strengthened. For example, TeraWulf’s stock price has increased by 31% this month, Cipher Mining by 8%, Hut 8 by 6%, and Core Scientific has remained essentially flat.
Analysts believe that Bitcoin mining companies are currently among the targets with a high short-selling ratio by hedge funds. If the fundamentals improve, a short squeeze could be triggered. These companies have secured long-term and attractive power contracts, giving them structural advantages in energy costs. Their strategic value extends beyond just Bitcoin mining operations. Capital is flowing toward “structural winners,” while traditional mining companies may face the risk of being marginalized.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin mining difficulty dips 7.7% as miners endure pressure
Bitcoin’s mining difficulty shifted lower once more, declining by about 7.7% in the latest retarget to 133.79 trillion at block 941,472, according to CoinWarz data. The move follows a mid-March dip that pulled the metric from roughly 148 trillion to the current level, marking the sharpest drop
CryptoBreaking27m ago
Analyst Says XRP To $10 Is “Inevitable”; It Might Even Rival Bitcoin
Various analysts continue to drop price predictions across the crypto market, and XRP often finds itself at the center of those conversations. Some projections sound like wishful numbers, yet others attempt to tie their outlook to market structure, adoption, and long-term utility. We at
CaptainAltcoin37m ago
Bitcoin Market Update: BTC Stuck in Tight Range as Volatility Drops and Breakout Looms
Bitcoin traded at $70,646 on Saturday morning at 8:30 a.m., holding within a narrow intraday range as technical indicators reflected a broadly neutral stance across key timeframes. Market participants continue to monitor consolidation near the $70,000 level as momentum signals diverge and
Coinpedia54m ago
CFTC Allows Bitcoin and Ethereum as Margin Collateral
CFTC permits Bitcoin, Ethereum, and stablecoins as margin collateral with strict valuation haircuts and risk controls applied.
Stablecoins receive lower capital charges than BTC and ETH, reflecting reduced volatility in margin calculations.
Firms must meet reporting, cybersecurity, and
CryptoFrontNews56m ago
