Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability and sharp increases in Bitcoin (BTC) production.
Crypto mining companies Marathon Digital Holdings at 124.12%, Core Scientific at 110.39%, Hut 8 at 98.95% and Riot Blockchain (NASDAQ:RIOT) at 96.69% have seen their stock prices rocketing upward over the last 30-days, according to data from Yahoo Finance — significantly outperforming BTC with 18.0% and Ether (ETH) with 67.8% asset prices.