Bitcoin mining stocks gain billions of dollars in market value in past two weeks

Over the past two weeks, the market value of major cryptocurrency mining stocks has significantly increased, with most companies achieving double-digit percentage growth. Marathon Digital (stock code MARA) saw its market value jump from $5.51 billion on July 8 to $7.56 billion at the end of this week, a growth of more than 37% in five days. As of July 19, it still maintained a 27% increase over the past 11 days. Riot Platforms (RIOT) followed a similar pattern, climbing from $2.78 billion to $3.67 billion, achieving a net increase of 32% in the second week of July and closing at $3.16 billion last weekend. Hut 8 Mining Corp (HUT) had a smaller increase, rising from $1.58 billion two weeks ago to $1.76 billion at the end of this week, an increase of 11%.