Will the good momentum of Bitcoin mining stocks continue?$BTC
Market conditions in May improve noticeably compared to the previous month. This leads numerous investors to try their luck with some assets of enormous potential that remain in the red in 2025. In particular, the stocks of Bitcoin mining companies were among the favorites of capital.
Numerous investors made massive purchases of these companies to gain leveraged exposure to the price of BTC. The profits from the stocks of digital mining firms are related to the fact that their prices are extremely low. In this sense, the rise of Bitcoin allows for large returns from volatility.
According to recent data, of the top 30 largest digital mining companies on the stock market, 28 closed on Friday with positive numbers. Of these, more than a dozen closed with double-digit gains, with outstanding cases such as Gryphon Digital, Cathedra Bitcoin, and Applied Digital with over +20%, the former nearly +30%.