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Why Crypto Mining Stocks Jumped Today

TheMotleyFool

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Why Crypto Mining Stocks Jumped Today: https://g.foolcdn.com/editorial/images/765332/chips-with-oil-rig-digital-image-on-top.jpg

Crypto mining stocks were on an absolute tear on Wednesday as the value of Bitcoin (CRYPTO: BTC) jumped 5.9% and its market cap topped $1 trillion again.

Hut 8 (NASDAQ: HUT) jumped as much as 19.5%, CleanSpark (NASDAQ: CLSK) was up 18.8%, Marathon Digital (NASDAQ: MARA) rose 15.6%, and Riot Platforms (NASDAQ: RIOT) gained 11.9% in morning trading. At 10 a.m. ET today, shares of those mining companies were up 17.8%, 10%, 11.6%, and 10.6%, respectively.

Image source: Getty Images.

Source Fool.com

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