#头条创作挑战赛#
Quick guide
The U.S.-listed bitcoin mining company's market capitalization surged to $22.8 billion in the first half of June, largely driven by higher share prices. Marathon Digital became the largest Bitcoin miner by market capitalization at $5.3 billion, followed by CleanSpark and Riot Platforms at $4 billion and $3 billion, respectively. Most of the 14 companies rose in stock price volatility, with Core Scientific, TeraWulf and Iris Energy seeing the most significant gains, with Argo Blockchain being the only one to decline. The growth in miner market capitalization was driven by the acquisition and strategic partnership of Core Scientific and CoreWeave, demonstrating the trend of diversification strategy. U.S. Bitcoin miners increased their market share in the network's computing power to 23.8%, up from 22.9% in May and 21% in April, exiting due to inefficient operations.
The market capitalization has skyrocketed
The market capitalization of US-listed bitcoin mining companies increased significantly, reaching $22.8 billion as of June 15. The surge was largely driven by rising share prices, with Marathon Digital becoming the largest US-listed Bitcoin miner with a market cap of $5.3 billion. CleanSpark is a close second with a market capitalization of $4 billion, and Riot Platforms is $3 billion.
Stock price fluctuations
In the first half of June, the share prices of 14 U.S.-listed mining companies rose significantly. Core Scientific, TeraWulf and Iris Energy have seen the most significant gains, with their shares up 117%, 80% and 70%, respectively, since June 1. However, Argo Blockchain was the only company whose share price fell, falling 7% over the same period.
Diversification strategy and market share
The growth in the miners' collective market capitalization was further driven by the proposed acquisitions and strategic partnerships between Core Scientific and AI cloud service provider CoreWeave. Although CoreWeave offered to acquire Core Scientific for $1.6 billion, a premium of 55% of its market price, the bid was rejected. Bitcoin miners' move to diversify into AI services reflects a trend aimed at providing computing power for AI networks and development. In addition, JPMorgan analysts highlighted the increase in market share of U.S. Bitcoin miners in terms of network hashrate, rising to 23.8% from 22.9% in May, compared to 21% in April, due to the exit of less efficient operations in the market.