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Odaily Planet Daily News Bitcoin mining company's stock price rose by about 10% on Wednesday. The day before, US presidential candidate Donald Trump promised to strengthen the country's encryption mining business.
According to data from Google Finance, among the top ten Bitcoin mining companies in terms of market capitalization, TeraWulf (WULF) and Hut 8 Mining (Hut) had the highest increase in stock prices, with increases of 10.5% and 10.07% respectively on June 12th.
Core Scientific（CORZ）、Iris Energy（IREN） and Cipher Mining（CIFR） ranked in the top five with growth rates of 9.87%, 9.72% and 8.94% respectively.
CleanSpark (CLSK) and Riot Platforms (RIOT) also rose by 8.15% and 6.5% respectively, but the largest market cap Bitcoin mining company Marathon Digital (MARA) only rose by 2.4% on that day. (Cointelegraph)
Yesterday, Trump posted on Truth Social, saying that Bitcoin mining may be the last line of defense against CBDC. He hopes that all remaining Bitcoins are made in the USA, which will help the US dominate the energy sector.
Trump also told industry executives that if he is elected president in November, he promises to support the industry.