In a delightful display of weekend whimsy, the financial world fluttered with uncertain glee Friday, as the Nasdaq Composite added a modest 2.06% and the plucky digital asset sector pranced toward a $2.63 trillion valuation. Placed squarely at the center of this confetti storm, publicly listed bitcoin miners sprang to life—nine of the top dozen blew a spirited kiss of optimism to the market. Who says money can’t buy a good time? 😏
A Fine Friday for Bitcoin Miners—But Wounds of the Year Still Smart
Behold the parade of public bitcoin miners, recovering from their recent sulk to post a bold upward trajectory. After a well-timed cameo from U.S. President Trump’s tariffs, the Nasdaq bubbled 2.06%, while NYSE tiptoed up 1.84%, S&P 500 crept 1.81% skyward, and the Dow—ever so dutiful—managed a polite 1.56% rise. One imagines they exchanged wry winks on the trading floor, as if to say: “High finance? Child’s play!”
Thanks to that spark of cheer, nine of a dozen bitcoin mining outfits found themselves jauntily on the plus side of the ledger. According to Bitcoinminingstock.io, Cipher Mining (CIFR) pulled off a rather showy 9.01% vault upward—clearly having spent Friday doing flamingo kicks of triumph. MARA Holdings (MARA) tossed in its own 6.56% hop, while Galaxy Digital (GLXY) earned 6.48%, and Terawulf (WULF) danced 6.25% higher with only a mild air of smug satisfaction.
Lest the confetti go to anyone’s head, Cleanspark (CLSK) mustered a 5.19% ascent to round out the day’s overachievers. BTDR, RIOT, CORZ, HUT, and APLD all joined the festivities with rises between 3.12% and 4.61%. Still, for all this unbridled revelry, only seven of those twelve marquee miners booked gains over the course of five long, drama-laced days.
Galaxy Digital (GLXY) swaggered through the week with a 15.77% appreciation, trailed closely by CIFR’s jaunty 15.23%. Yet one must not forget the fashionable gloom: 2025’s year-to-date figures remain spectacularly glum. Cleanspark (CLSK: -18.56%) and MARA Holdings (MARA: -25.40%) merely flirt with negativity, while Riot Platforms (RIOT: -30.85%) and Applied Digital (APLD: -30.75%) would presumably like a stiff gin to cope with bleaker results.
If that weren’t enough melodrama, Galaxy Digital (GLXY: -36.94%), Hut 8 (HUT: -40.65%), and IREN (IREN: -42.66%) made quite the sorrowful entrance, outmatched only by Northern Data (NB2: -47.34%), Cipher (CIFR: -47.84%), Core Scientific (CORZ: -49.67%), Terawulf (WULF: -57.95%), and the woebegone Bitdeer (BTDR: -63.31%). All in all, it seems our dear bitcoin miners are having a party—but the hangover might still lurk on the horizon. Cheers! 🥂
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2025-04-12 03:27