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Author: Admin | 2025-04-28
Surged in July, only to slump throughout the rest of the quarter and erase all of the gains they experienced in the first month of Q3.Source: TradingViewThe price action is a good reminder that, generally speaking, Bitcoin mining stocks are still acting as high-beta trades in relation to Bitcoin’s price. Rather than evaluating Bitcoin mining stocks based on fundamentals like fleet efficiency, power price / power trading strategies, and operational execution, the market typically values them based on Bitcoin’s own price movements. When number go up, Bitcoin mining stock prices go up higher, faster, and vice versa when number go down. These are just a few of the insights we cover in our Q3 report, so please download the report above, share it with your friends/colleagues, and enjoy! Hashrate Index NewsletterResearch and Reports Hashrate Index Newsletter Join the newsletter to receive the latest updates in your inbox. Your email address Please check your inbox and click the link to confirm your subscription. Please enter a valid email address! An error occurred, please try again later.
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