Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Wrapped SOL 
TRON 
Lido Staked Ether 
Dogecoin 
Cardano 
Figure Heloc 
WhiteBIT Coin 
Wrapped stETH 
Bitcoin Cash 
Wrapped Bitcoin 
Wrapped Beacon ETH 
USDS 
Chainlink 
Binance Bridged USDT (BNB Smart Chain) 
LEO Token 
WETH 
Hyperliquid 
Stellar 
Wrapped eETH 
Monero 
Ethena USDe 
Coinbase Wrapped BTC 
Litecoin 
Zcash 
Sui 
Hedera 
Avalanche 
Shiba Inu 
Dai 
sUSDS 
World Liberty Financial 
USDT0 
Cronos 
Toncoin 
PayPal USD 
Ethena Staked USDe 
Mantle 
Polkadot 
Uniswap 
Aave 
USD1 
Bittensor 
Bitget Token 
MemeCore 
Canton 
Tether Gold 
Falcon USD 
OKB 
NEAR Protocol 
Aster 
BlackRock USD Institutional Digital Liquidity Fund 
Ethereum Classic 
Ethena 
Internet Computer 
Pi Network 
Jito Staked SOL 
Pepe 
Binance-Peg WETH 
Rain 
Jupiter Perpetuals Liquidity Provider Token 
Pump.fun 
HTX DAO 
syrupUSDC 
Ondo 
Provenance Blockchain 
PAX Gold 
Kaspa 
Worldcoin 
Global Dollar 
Quant 
BFUSD 
Circle USYC 
KuCoin 
syrupUSDT 
Ripple USD 
Binance Bridged USDC (BNB Smart Chain) 
Aptos 
Rocket Pool ETH 
POL (ex-MATIC) 
Wrapped BNB 
Sky 
Gate 
Algorand 
Official Trump 
Binance Staked SOL 
Arbitrum 
VeChain 
Kelp DAO Restaked ETH 
Filecoin 
Cosmos Hub 
USDtb 
Function FBTC 
Flare 
Lombard Staked BTC 
Liquid Staked ETH 
Solv Protocol BTC 
NEXO 
XDC Network 
First Digital USD 
Kinetiq Staked HYPE 
Render 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Sei 
OUSG 
PancakeSwap 
Janus Henderson Anemoy AAA CLO Fund 
Bonk 
Renzo Restaked ETH 
Story 
Arbitrum Bridged WBTC (Arbitrum One) 
Mantle Staked Ether 
Jupiter 
clBTC 
Morpho 
Ondo US Dollar Yield 
Pudgy Penguins 
Polygon Bridged USDC (Polygon PoS) 
Jupiter Staked SOL 
USDai 
Polygon PoS Bridged DAI (Polygon POS) 
Artificial Superintelligence Alliance 
SPX6900 
StakeWise Staked ETH 
Beldex 
Aerodrome Finance 
L2 Standard Bridged WETH (Base) 
Dash 
MYX Finance 
Optimism 
Virtuals Protocol 
Curve DAO 
Injective 
tBTC 
Usual USD 
Stacks 
Arbitrum Bridged WETH (Arbitrum One) 
Starknet 
Telcoin 
Ultima 
Tezos 
Lido DAO 
USDD 
TrueUSD 
cgETH Hashkey Cloud 
Marinade Staked SOL 
Celestia 
Mantle Bridged USDT (Mantle) 
The Graph 
AB 
Ether.fi 
GTETH 
Stader ETHx 
Spiko EU T-Bills Money Market Fund 
Kaia 
FLOKI 
GHO 
Ether.Fi Liquid ETH 
DoubleZero 
Ethereum Name Service 
Trust Wallet 
IOTA 
Steakhouse USDC Morpho Vault 
Sun Token 
Bitcoin SV 
USDB 
Swell Ethereum 
JUST 
Pendle 
Pyth Network 
sBTC 
BitTorrent 
Lorenzo Wrapped Bitcoin 
Coinbase Wrapped Staked ETH 
Merlin Chain 
Fartcoin 
Olympus 
Avalanche Bridged BTC (Avalanche) 
dogwifhat 
The Sandbox 
Conflux 
Basic Attention 
Helium 
Sonic 
Binance-Peg Dogecoin 
Flow 
AINFT 
ether.fi Staked ETH 
Decred 
Plasma 
EURC 
JasmyCoin 
GALA 
BENQI Liquid Staked AVAX 
Theta Network 
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.
