Bitcoin Magazine Bitcoin Mining Stocks Are Ripping: BTDR, CIFR, IREN and CLSK Among Winners

Bitcoin mining stocks have been on the rise in recent months, and today’s gains continue that momentum.

This sector-wide rally has pushed the combined market capitalization of major miners to over $90 billion — more than double levels from just two months ago.

Leading the charge today is Bitdeer Technologies (BTDR), whose shares jumped as much as 30% early Wednesday to $27.31, hitting their highest level in over a year. The Singapore-based miner reported a 32.9% increase in realized hashrate in September, fueled by the deployment of its proprietary mining rigs, making it the world’s fifth-largest public Bitcoin miner.

Bitdeer also mined 452 BTC in September, a 20.5% rise from August, and its sel

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