Bitcoin Mining Stocks Outperform Bitcoin Itself

Core Scientific has significantly outperformed Bitcoin itself by capitalizing on its head start post-bankruptcy and making strategic deals.

- Investors see mining stocks as a more advantageous way to gain Bitcoin exposure compared to buying the cryptocurrency directly.

- Core Scientific's deals with CoreWeave and debt restructuring have bolstered its market position, highlighting the dynamic nature of the mining industry.

https://www.axios.com/2024/07/09/core-scientific-bitcoin-miner-performance