Reported 2 days ago
Bitcoin mining stock prices have dropped for the second consecutive week, following last week’s sell-off as the sector experiences a cooling period after significant gains. While only two stocks, Cipher Mining and Riot, saw gains, the rest, including Core Scientific and Hut 8, experienced declines. Despite the recent downturn, most stocks remain up on a monthly basis. October has highlighted significant developments in the sector, including major investments and strategic partnerships, indicating a shift towards supporting the growing demand for AI computing.
Source: YAHOO