Bitcoin mining stocks end the week higher after tariff-driven declines

The U.S. stock market closed on cautious optimism on Friday, with financial markets glimmering as the Nasdaq Composite rose 2.06% and the digital asset sector gained 3.72% to a valuation of $2.63 trillion. Publicly traded bitcoin miners also enjoyed a rebound, with nine of the top twelve companies by market value rising.

Publicly traded bitcoin miners surged on Friday — but yearly losses remain profound

Publicly traded bitcoin miners closed the week on an upward trajectory, with most of these companies posting positive returns after a period of volatility. After a series of declines sparked by U.S. President Trump’s tariffs, the Nasdaq rose 2.06%, the NYSE rose 1.84%, the S&P 500 rose 1.81%, and the Dow Jones Industrial Average rose 1.56% against the U.S. dollar.

This wave of stock market recovery has pushed nine of the twelve bitcoin mining companies into positive profit territory, with stock prices rising sharply. Data from Bitcoinminingstock.io shows that Cipher Mining (CIFR) attracted attention on Friday with a 9.01% gain, surpassing MARA Holdings (MARA), which rose 6.56%. Galaxy Digital (GLXY) rose 6.48%, tying Terawulf (WULF), which rose 6.25%.

Among the top shuffles of the market victory on April 11, Cleanspark (CLSK) rose 5.19%, consolidating its position as the fifth largest gainer leader. BTDR, RIOT, CORZ, HUT and APLD also achieved gains on Friday, ranging from 3.12% to 4.61%. However, only twelve of the leading Bitcoin mining companies achieved positive returns in terms of market capitalization over the five-day period.

GLXY led the week's performance with a 15.77% gain, followed by CIFR, which achieved a 15.23% gain. Despite a brief rebound, year-to-date data for Bitcoin miners in 2025 shows a general downward trend. Cleanspark (CLSK: -18.56%) and MARA Holdings (MARA: -25.40%) have seen smaller losses, while Riot Platforms (RIOT: -30.85%) and Applied Digital (APLD: -30.75%) show larger declines.

Galaxy Digital (GLXY: -36.94%), Hut 8 (HUT: -40.65%) and IREN (IREN: -42.66%) exacerbated the trend, with Northern Data (NB2: -47.34%), Cipher (CIFR: -47.84%), Core Scientific (CORZ: -49.67%), Terawulf (WULF: -57.95%) and Bitdeer (BTDR: -63.31%) representing the sector’s biggest contractions this year.