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Why Bitcoin Miner Stocks Soared This Week

TheMotleyFool

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Why Bitcoin Miner Stocks Soared This Week: https://g.foolcdn.com/editorial/images/724983/assembling-bitcoin-mining-rig.jpeg

Cryptocurrencies soared this week. According to data from S&P Global Market Intelligence, Bitcoin (CRYPTO: BTC) led the way, with a 22.2% price gain from the stock market's closing bell last Friday to the same time this Thursday.

Over the same period, that price surge powered an even stronger updraft under the stocks of leading Bitcoin mining specialists: