Leading Bitcoin Mining Stocks End Week Higher After Tariff-Driven Drop

Financial markets were cautiously optimistic as U.S. stocks ended Friday on a positive note, with the Nasdaq Composite up 2.06% and the digital asset sector up 3.72% to a valuation of $2.63 trillion. Publicly traded Bitcoin miners also saw gains, as nine of the top 12 companies by market cap increased their value.

Bitcoin Miner Shares Boom on Friday, But Year-To-Date Losses Still Huge

Publicly traded Bitcoin miners ended the week on a positive note, with most posting positive results after a period of uncertainty. Following a series of declines triggered by U.S. President Trump’s tariffs, the Nasdaq rose 2.06%, the NYSE gained 1.84%, the S&P 500 rose 1.81%, and the Dow Jones Industrial Average rose 1.56% against the U.S. dollar.

The stock rally pushed nine of the twelve Bitcoin mining companies into positive territory, with share prices increasing significantly. Data from Bitcoinminingstock.io shows Cipher Mining (CIFR) was the big performer on Friday with a 9.01% gain, ahead of MARA Holdings (MARA), which saw a 6.56% increase. Galaxy Digital (GLXY) rose 6.48%, along with Terawulf (WULF), whose shares rose 6.25%.

Rounding out the top tier of market gains on April 11, Cleanspark (CLSK) posted gains of 5.19%, solidifying its position as the fifth-highest gainer. BTDR, RIOT, CORZ, HUT, and APLD also saw gains on Friday, ranging from 3.12% to 4.61%. However, over the five-day period, only seven of the top twelve Bitcoin miners by market cap posted positive returns.

GLXY led the weekly gains with a 15.77% increase, followed by CIFR, which increased by 15.23%. Despite the fleeting rallies, the 2025 annual figures for Bitcoin miners point to an overall downward trend. Cleanspark (CLSK: -18.56%) and MARA Holdings (MARA: -25.40%) are recording less severe losses, while Riot Platforms (RIOT: -30.85%) and Applied Digital (APLD: -30.75%) are showing more significant declines.

Galaxy Digital (GLXY: -36.94%), Hut 8 (HUT: -40.65%) and IREN (IREN: -42.66%) are adding to the trend, while Northern Data (NB2: -47.34%), Cipher (CIFR: -47.84%), Core Scientific (CORZ: -49.67%), Terawulf (WULF: -57.95%) and Bitdeer (BTDR: -63.31%) represent the sharpest declines in the sector this year.

Source: cryptonews.net