Bitcoin Mining and Treasury Firms Stumble as BTC Falls 4.6% in a Week

izmir, Turkey - November 20, 2017 Studio shot of golden Bitcoin with a digital background

According to data collected by bitcoinminingstock.io, Bitcoin-exposed stocks entered the weekend with a mixed picture as most major miners and several Bitcoin treasury firms closed lower on Friday.

BITCOIN-LINKED STOCKS END UNEVENLY The mining sector set the tone. IREN Limited (IREN) fell 1.79% to $60.72 with a market cap of $16.46 billion, while Applied Digital (APLD) dropped 6.52% to $34.24, with a valuation of $9.58 billion. Riot Platforms (RIOT) was among the few bright spots on Friday, rising 2.45% to $20.03 and reaching $7.40 billion in value, while Cipher Mining (CIFR) posted a modest 0.21% gain to $18.76 and $7.38 billion.

Most miners brushed off Friday’s decline as just another bruise after a five-day climb — though HIVE, NB2.DE, and ABTC clearly missed out on the winning streak. MARA Holdings (MARA) closed the week down 3.42% at $19.57 (valued at $7.25 billion), and Core Scientific (CORZ) slipped 3.40% to $19.00 and $5.80 billion.

Bitcoin miner Cleanspark (CLSK) lost 2.35% to close at $19.52, with a $5.49 billion market cap. Terawulf (WULF) edged up 0.50% to $13.93 and $5.45 billion, showing there’s still movement outside the megacaps. Hut 8 (HUT) dipped 0.65% to $48.46 and $5.11 billion, while Bitdeer Technologies (BTDR) took the biggest hit among the top 10, falling 7.18% to $24.02 and $5.09 billion.

The second half of the top 20 was also largely in the red. Bitfarms (BITF) slid 5.11% to $5.01 ($2.77 billion), and HIVE Digital (HIVE) dropped 2.22% to $5.71 ($1.31 billion). In Europe, Northern Data (NB2.DE) plunged 9.05% to $16.17 ($1.04 billion). American Bitcoin Corp. (ABTC) lost 5.76%, closing at $4.74 ($835.96 million). Hardware maker Canaan (CAN) dropped 4.19% to $1.60 ($717.17 million), and Cango (CANG) fell 1.19% to $4.14 ($713.18 million).

SMALL CAPS ADD SOME LEVITY Bitcoinminingstock.io added a bit of comic relief with its coverage of micro-cap action. Bitfufu (FUFU) declined 2.43% to $3.60 ($591.43 million), while Digi Power X (DGXX) jumped 7.84% to $3.85, despite its modest $172.12 million footprint. Soluna Holdings (SLNH) climbed 5.48% to $4.42 ($133.11 million), and Canada-listed Neptune Digital Assets (NDA.V) gained 4.41% to $0.71, valued at $90.23 million.

Taken together, while miners ended the week mostly soft, there were still enough green shoots to keep stock pickers alert.

TREASURY AND TECH STOCKS MIXED AS WELL Beyond facilities and racks, the Bitcoin treasury group—filtered to exclude some of the miners above—also posted a mixed session. Tesla (TSLA) gained 2.46% to $439.31, reaching a $1.42 trillion valuation, while Italy’s Intesa Sanpaolo (ISP.MI) fell 2.50% to $6.23 ($110.75 billion). Mercadolibre (MELI) dropped 0.88% to $2,024.98 ($102.66 billion).

In U.S. crypto-related services, Coinbase (COIN) rose 1.74% to $336.02 ($86.34 billion), and MicroStrategy (MSTR) gained 2.12% to $289.87 ($82.04 billion).

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