The market value of Bitcoin mining stocks has increased by several billion dollars over the past two weeks
Over the past two weeks, the market value of major cryptocurrency mining stocks has significantly increased, with most companies achieving double-digit percentage growth. Marathon Digital (stock code MARA) saw its market value jump from $5.51 billion on July 8 to $7.56 billion this weekend, a surge of over 37% in five days and still maintaining a 27% increase within 11 days as of July 19. Riot Platforms (RIOT) followed a similar pattern, climbing from $2.78 billion to $3.67 billion, achieving a net weekly increase of 32% in the second week of July and closing at $3.16 billion last weekend. Hut 8 Mining Corp (HUT) had smaller growth, increasing from $1.58 billion two weeks ago to $1.76 billion at the end of this week, an increase of 11%.
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