Core

Argo

Bitcoin

Read

Coin

<ul class="wp-block-list news-points">
 <li>Core Scientific leads Bitcoin mining stocks with an impressive 248% YTD gain.&nbsp;</li>
 <li>Bitcoin mining stocks show mixed performance in 2024, some thrive, others struggle.</li>
 <li>Bitcoin rebounded in September, trading above its 200-day SMA and near cycle high.</li>
</ul>
Bitcoin mining stocks have seen mixed results in 2024, but Core Scientific (CORZ) chose to be an exception; with the company registering a <a href="https://x.com/ki_young_ju/status/1838494862351700390" target="_blank" rel="noopener noreferrer nofollow">248% YTD</a> gain.
They also secured a $3.5 billion, 12-year contract with CoreWeave, further boosting its position. This long-term deal appears to have contributed to Core Scientific’s substantial stock gains, positioning the firm as a key player in the industry.
TeraWulf (WULF) was another standout performer, posting a solid 96% return. Meanwhile, Iris Energy (IREN) achieved a 10% increase in its stock price, staying positive despite broader sector volatility.
While these companies recorded positive outings, many other public mining companies reported big losses. GRDI.NE experienced the most significant decline, with its stock value plummeting by 85%.
Read also: <a href="https://coinedition.com/core-scientific-inks-3-new-hosting-contracts-amid-bankruptcy/" rel="noopener noreferrer nofollow">Core Scientific Inks 3 New Hosting Contracts Amid Bankruptcy</a>
Other major underperformers include Argo Blockch…
The post <a href="https://coinedition.com/core-scientific-leads-bitcoin-mining-stocks-with-248-ytd-gain/" rel="noopener noreferrer nofollow">Core Scientific Leads Bitcoin Mining Stocks with 248% YTD Gain</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Core Scientific Leads Bitcoin Mining Stocks with 248% YTD Gain

Coin Edition

2024년 9월 24일에 게재된 다른 기사

Bitget Becomes LaLiga’s Official Cryptocurrency Partner in $10M+ Deal

The Open Art by Blum, TONX, and TON Society Draws 11,280+ Registered Attendees, Becoming the Larg...

Coinpedia Fintech News

How Will Important News from China Affect Cryptocurrencies? Here are the Answers

Hedera Joins MiCA Crypto Alliance with Ripple and Aptos, Launches Asset Tokenization Studio

SBF’s Doctors Support Appeal Citing Autism and ADHD in Defense at Court, How Will Justice Play Out?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!