Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
JUSD 
TRON 
Lido Staked Ether 
Dogecoin 
Figure Heloc 
Cardano 
WhiteBIT Coin 
Wrapped stETH 
Bitcoin Cash 
Wrapped Bitcoin 
USDS 
Wrapped Beacon ETH 
Binance Bridged USDT (BNB Smart Chain) 
Monero 
LEO Token 
Wrapped eETH 
Canton 
Chainlink 
Hyperliquid 
Ethena USDe 
Coinbase Wrapped BTC 
Stellar 
WETH 
Zcash 
USD1 
Litecoin 
Sui 
USDT0 
Avalanche 
Dai 
sUSDS 
Shiba Inu 
Hedera 
World Liberty Financial 
Ethena Staked USDe 
PayPal USD 
Tether Gold 
Toncoin 
Rain 
Cronos 
Polkadot 
Uniswap 
Mantle 
Bitget Token 
MemeCore 
Falcon USD 
PAX Gold 
Aave 
OKB 
Bittensor 
Pepe 
BlackRock USD Institutional Digital Liquidity Fund 
Circle USYC 
Jupiter Perpetuals Liquidity Provider Token 
Global Dollar 
NEAR Protocol 
HTX DAO 
Ethereum Classic 
Internet Computer 
Kelp DAO Restaked ETH 
Binance-Peg WETH 
Jito Staked SOL 
Pump.fun 
syrupUSDC 
Sky 
Ondo 
Pi Network 
Wrapped SOL 
Ripple USD 
Aster 
BFUSD 
Provenance Blockchain 
Binance Bridged USDC (BNB Smart Chain) 
KuCoin 
Wrapped BNB 
Worldcoin 
Binance Staked SOL 
Gate 
Ethena 
USDD 
POL (ex-MATIC) 
Rocket Pool ETH 
Aptos 
Cosmos Hub 
Official Trump 
MYX Finance 
Quant 
Algorand 
Lombard Staked BTC 
Kaspa 
Function FBTC 
USDtb 
NEXO 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Polygon Bridged USDC (Polygon PoS) 
Arbitrum 
syrupUSDT 
Render 
Midnight 
Filecoin 
Flare 
WrappedM by M0 
Janus Henderson Anemoy AAA CLO Fund 
VeChain 
Mantle Staked Ether 
Ondo US Dollar Yield 
OUSG 
Liquid Staked ETH 
XDC Network 
Kinetiq Staked HYPE 
Solv Protocol BTC 
Spiko EU T-Bills Money Market Fund 
Bonk 
Polygon PoS Bridged DAI (Polygon POS) 
Arbitrum Bridged WBTC (Arbitrum One) 
Morpho 
clBTC 
USDai 
COCA 
L2 Standard Bridged WETH (Base) 
Beldex 
Jupiter 
Sei 
Usual USD 
StakeWise Staked ETH 
Renzo Restaked ETH 
Janus Henderson Anemoy Treasury Fund 
Dash 
Wrapped Flare 
Story 
River 
Jupiter Staked SOL 
Binance-Peg XRP 
Arbitrum Bridged WETH (Arbitrum One) 
A7A5 
GHO 
PancakeSwap 
Tezos 
Pudgy Penguins 
TrueUSD 
tBTC 
Fasttoken 
Stacks 
Optimism 
c8ntinuum 
First Digital USD 
Chiliz 
Stable 
Lorenzo Wrapped Bitcoin 
Curve DAO 
Virtuals Protocol 
Artificial Superintelligence Alliance 
GTETH 
EURC 
Resolv USR 
Resolv wstUSR 
USDB 
Ether.Fi Liquid ETH 
DoubleZero 
Lighter 
Steakhouse USDC Morpho Vault 
BitTorrent 
Kinesis Gold 
sBTC 
Marinade Staked SOL 
Injective 
Lido DAO 
JUST 
Aerodrome Finance 
Coinbase Wrapped Staked ETH 
Maple Finance 
LayerZero 
Ether.fi 
Stader ETHx 
FLOKI 
AINFT 
Sun Token 
Staked Aave 
Celestia 
The Graph 
Gnosis 
Bitcoin SV 
Axie Infinity 
Kaia 
Kinesis Silver 
Decred 
Trust Wallet 
Pyth Network 
ether.fi Staked ETH 
crvUSD 
IOTA 
Avalanche Bridged BTC (Avalanche) 
Cap USD 
USX 
It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances.
Bitcoin Miners Ride High: Top Seven Firms by Market Cap Post Gains
Currently, bitcoinminingstock.io lists around 30 publicly listed mining firms as of Jan. 2, 2025. Leading the pack in total market value is Galaxy Digital, a company offering a variety of crypto services beyond mining. Established in January 2021, Galaxy Digital now boasts a market cap of $6.07 billion. Close behind, MARA Holdings holds the second spot with a valuation of $5.94 billion.
Top three publicly listed bitcoin miners by market valuation.
In third place, Core Scientific’s market cap slightly exceeds $4 billion this week. Year-to-date (YTD) figures show that Galaxy Digital shares (GLXY) edged up by 2.12%, MARA shares climbed 4.23%, and CORZ shares saw a 3.2% increase. Mawson Infrastructure Group (Nasdaq: MIGI) stole the show, however, with a massive 20.38% gain to start the year.
The top five gainers in 2025 so far.
Northern Data (XETRA: NB2), ranking fifth by market cap, recorded a 14.7% increase, while Bitfufu experienced a 13.39% uptick against the U.S. dollar. Other strong performers included Bitfarms, Stronghold, Bitdeer, and Hive. Impressively, the seven largest publicly listed mining firms have all begun the year with gains. With 2024’s turbulence behind them, the early weeks of 2025 suggest an electrifying year ahead for bitcoin miners.
Several firms are adopting strategic reserve policies, holding bitcoin on their balance sheets, while others are branching out into artificial intelligence (AI) cloud services and data management. Some companies are leveraging debt to boost their bitcoin acquisitions and expand infrastructure, with substantial orders placed for mining machines from manufacturers such as Bitmain, Canaan, Microbt, and Auradine.
