2023-04-18 16:00:33 ET
With the price of the world's largest cryptocurrency surging over the past week, Crypto miners are once again in focus. Today, shares of Riot Platforms (NASDAQ: RIOT) , TeraWulf (NASDAQ: WULF) , and CleanSpark (NASDAQ: CLSK) are each in focus for investors, posting gains today of 3.9%, 5.9%, and 14.7%, respectively, from yesterday's close by late afternoon Tuesday.
As Bitcoin (CRYPTO: BTC) mining-related stocks, these companies each have a vested interest in how the price of the digital currency performs. With the price now above the key $30,000 level, and seeming to be ready to move even higher, these three crypto miners are seeing incredible price appreciation.
Today's biggest winner, CleanSpark, has also been on a truly incredible ride over the past week. The stock's five-day move stands at around 58.4%, driven by a key catalyst on April 11. That's when the company announced a plan to acquire $145 million worth of mining rigs in a bid to double the company's hash rate (or Bitcoin mining capacity).
For further details see:
Why Riot Platforms, TeraWulf, and CleanSpark Stocks Surged Today