While the proliferation of crypto mining firms is gradually taking the center stage, the duo of Riot Blockchain and Marathon Patent Group currently dominates the sphere and are backed up by investors’ money.
Following the Bitcoin all-time high on Sunday, December 27, Riot Blockchain stock registered 20% gains on Monday’s trading session. The stock has already appreciated by 13x this year. Apart from BTC, investors of Bitcoin mining companies are making a bomb in the market.
Bitcoin mining stocks shined bright soon after the BTC price crossed $20,000 levels on Wednesday. Bitcoin has surged over 20% in the last 24 hours and has moved past $23,500 levels hitting a new all-time high.
Big corporations have chipped in the Bitcoin mining game as America’s crypto mining company Marathon Patent Group enters long-term purchase agreement with China’s mining manufacturer Bitmains for its next-generation S-19 Pro Miners.