Bitcoin mining stocks sank on Friday and still beat BTC in 2026 performance

Stablecoin Market Cap Tops $323.3 Billion As Weekly Inflows Log $1.5 Billion


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Bitcoin Mining stocks suffered on Friday, but still hold strong 2026 gains

Bitcoin It closed the week at $77,849, down 11.1% year over year. But today all the top ten miners are placed well above this image, and the reasons why have passed BTC price Action. Hut 8 Corp. It leads the YTD group (of the top ten publicly traded mining stocks by Market value) for a 123.16% gain, trading at $102.52 a share despite a 6.26% slide on Friday.

Bitcoinminingstock.io information shows the company Market value 11.54 billion dollars. Hut 8 has been building a $7 billion artificial intelligence (AI) infrastructure at the River Bend site with a 15-year lease, providing enterprise customers with GPU-as-a-service and high-performance computing capabilities.

Terawulf, Inc. It is followed by 95.56% YTD gain after falling 7.03% daily. His Market value It is 9.17 billion dollars. Terawlf has contracted HPC revenues of approximately $12.8 billion with Google and Fluidstack-backed partners covering more than 200 megawatts of capacity. Applied Digital Corporation has returned 72.38% YTD but fell 9.50% on Friday, the second biggest one-day loss among the top ten rankings.

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Riot Platforms, Inc. It decreased by 3.96% on Friday, the third-smallest decrease. 86.62% YTD profit and $8.94 billion. Market value Reflect on the company you are choosing bitcoin Manufacturing while managing the transition to broader computing services. Core Scientific, Inc. It fell just 2.52% on Friday, the smallest one-day decline among the top ten groups.

The company carried 7.72 billion dollars Market value And 66.82% YTD gain. Core Scientific has moved heavily into AI colocation, with a multi-year deal with CoreWave now worth an estimated $10.2 billion over 12 years. AI revenue accounts for 39 percent of its total revenue pool. MARA Holdings, Inc. It posted a one-day loss of 6.39%, which brings the price to $12.44. Its 38.53% YTD return is still surpassed bitcoinPerformance.

MARA has sold more than 20,800 BTC Using revenue in the first quarter of 2026 alone to pay off debt and finance infrastructure expansion. The company was among the top contributors to the quarter, selling more than 32,000 publicly listed mining rigs. BTC Better than both their full-year 2025 total and the one-quarter record set by Terra-Luna's fall in 2022.

Cleanspark, Inc. It was down 5% on Friday, trading at $13.28. Its 31.22% YTD return edges above bitcoinNegative reading. Cleanspark sold part of its April product, including approximately 748 BTC On spot sales and options, it accounts for most of the output. Bitdeer Technologies Group recorded the biggest one-day decline in the group, which fell 9.59% to $13.34 per share.

Bitdefender announced this week that it had zeroed in on the deal. bitcoin From May 15, excluding customer deposits, all 198.3 were withdrawn and sold BTC Produced in time. The 18.95% YTD gain is the lowest on the list, though still great. bitcoinGoing back year after year. IREN Limited, ranked first Market value At $19.14 billion, it fell 8.17% on Friday and is down 12.37% over the past five days, the biggest five-day drop among the top ten.

IREN covers more than 200 megawatts under a $9.7 billion five-year contract with Microsoft for Nvidia GPUs, and has a broader pipeline of collaborations with Nvidia targeting up to five gigawatts. Ciper Digital Inc slid 7.82% to close at $20.55 on Friday with a market cap of $8.4 billion and a 39.19% YTD gain. Cipher has contracted hundreds of megawatts in multibillion-dollar deals, including deals backed by Google and Fluidstack.

The broader context behind these YTD gains is a pole away from fast and deliberate bitcoin mining. In the year With a halving in 2024 reducing the reward to 3.125 BTC, network problems pushing the industry to an estimated 20% loss at various points in early 2026, miners with power infrastructure have shifted megawatts from Bitcoin production to AI and high-performance computing (HPC) workloads that offer more stable revenue terms.

AI and HPC revenue will account for up to 70% of total listed mining revenue by the end of 2026. Cumulative AI and HPC contracts in the sector now exceed $70 billion. Friday's session on Wall Street saw a steady return of the top ten publicly listed miners. The year-to-date numbers reflect something more sustainable.

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