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Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin

Published 07/03/2020, 04:13 AM
Updated 07/04/2020, 06:20 AM
Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin

The share price of Bitcoin (BTC) mining firms Riot Blockchain (NASDAQ:RIOT) and Hive Blockchain has produced enormous year-to-date gains, with stock in Riot nearly doubling while Hive’s has tripled over 2020 so far.

However, not all mining firms have fared well throughout the COVID-19 pandemic, with Canaan’s stock falling nearly 70% since early January, and both Hut 8 and DMG Blockchain seeing scant YTD gains despite experiencing significant volatility this year.

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