ChainCatcher reported that according to Cointelegraph, the share prices of Bitcoin mining companies rose by about 10% on Wednesday, a day after US presidential candidate Trump promised to strengthen the country's crypto mining business. Among the top ten Bitcoin mining companies by market value, TeraWulf (WULF) and Hut 8 Mining (Hut) had the largest share price increases, rising 10.5% and 10.07% respectively on June 12.

It is reported that Core Scientific (CORZ), Iris Energy (IREN) and Cipher Mining (CIFR) ranked in the top five with increases of 9.87%, 9.72% and 8.94% respectively.

In addition, CleanSpark (CLSK) and Riot Platforms (RIOT) also rose 8.15% and 6.5% respectively, but Marathon Digital (MARA), the largest Bitcoin mining company by market value, only rose 2.4% on the day.

Earlier, Trump wrote that Bitcoin mining may be the last line of defense against CBDC. He hopes that all remaining Bitcoins will be made in the United States, which will help the United States gain energy dominance.