Skip to content

Crypto Mining Stocks: Are Bitcoin Halving & BTC ETFs Enough to Buy?

Riot Platforms is up 37% over the month whilst Marathon Digital Holdings has jumped more than 65% - is it too late to buy crypto mining stocks?

Image Credit: Mirko Tobias Schäfer

Along with Bitcoin finally clearing the $40K hurdle, crypto mining stocks are experiencing a surge in prices. Riot Platforms (NASDAQ: RIOT) is up 37% over the month whilst Marathon Digital Holdings (NASDAQ: MARA) has jumped more than 65% in the same period. But how sustainable is the rise?

Bitcoin Halving

Set for April 2024, the Bitcoin halving event is leaving maxis giddy with excitement. In an effort to reduce inflation, Bitcoin halving is programmed into the Bitcoin protocol, halving the rewards Bitcoin miners receive for processing transactions on the blockchain:

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

What is the Fair Value of Bitcoin?

What is the Fair Value of Bitcoin?

According to two staff members of the European Central Bank, Bitcoin is still a harmful phenomenon with no inherent worth, even if it has been approved as an asset to be included in ETFs in the US. The OG cryptocurrency just crossed its two-year high today, sitting at $56,287

ETF Hype Pushes Ether to 2-Year Highs

ETF Hype Pushes Ether to 2-Year Highs

Anticipation for US spot crypto ETFs shifts focus to Ethereum, with investors eyeing Ether's outperformance over Bitcoin amid rising demand and potential legal challenges, despite regulatory hesitations and concerns over ecosystem centralization.