US Bitcoin Mining Stocks Surge After the Halving

US Bitcoin Mining Stocks Surge After the Halving

On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader market rally just days after the Bitcoin halving.
Despite the event, which reduced mining rewards to 3.125 BTC per block, some of these stocks recorded double-digit percentage gains.
Double-digit Percentage Gains
According to data from Google Finance, the country’s five largest publicly traded Bitcoin miners, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT), all witnessed substantial gains over the April 22 trading day.
These gains have also carried over into after-hours trading sessions, indicating sustained momentum.
Stronghold Digital Mining (SDIG) was in the lead, which experienced a 35.3% increase, reaching $3.64 per share. The momentum continued after hours, with the stock extending its gains by 4% to nearly $3.80.
Riot followed closely, witnessing a jump of over 23% to $11.24, with an additional 3.2% gain after

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