Why Crypto Mining Stocks Jumped Today

Crypto mining stocks were on an absolute tear on Wednesday as the value of Bitcoin (BTC 4.63%) jumped 5.9% and its market cap topped $1 trillion again. Hut 8 (HUT 16.82%) jumped as much as 19.5%, CleanSpark (CLSK 9.06%) was up 18.8%, Marathon Digital (MARA 10.40%) rose 15.6%, and Riot Platforms (RIOT 10.10%) 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. The Bitcoin popBitcoin's upward momentum can't seem to stop. Ex ...