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Bitcoin miners underperformed during the crypto market rebound, with only Canaan outperforming Bitcoin; crypto exchanges and stablecoin-related companies performed on par with Bitcoin.
Since August 17, Bitcoin's price has risen by approximately 22%, while the stock performance of crypto exchanges and stablecoin-related companies has kept pace with Bitcoin. However, Bitcoin miners have underperformed, with a median return of only 1.8% among the tracked companies. Among them, only Bitcoin mining machine manufacturer Canaan (CAN) outperformed Bitcoin, while Core Scientific (CORZ) and Terawulf (WULF) underperformed Bitcoin by 27% and 24%, respectively.
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Source：The Block · Source Link
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