🚀 Despite Bitcoin's strong start to 2024, cryptocurrency mining stocks have outperformed BTC since the halving. Hut 8 and Bitfarms showed the highest profitability.

🔍 The fourth Bitcoin halving event led to significant changes in the crypto mining landscape, affecting smaller mining companies the most. This is due to "suboptimal infrastructure and lack of economies of scale."

As a result, private equity firms have been consolidating smaller companies and integrating their infrastructure, despite recent problems with Bitcoin (BTC). This strategic interest has led to the notable performance of mining stocks.

Analysts note that Hut 8 (HUT) and Bitfarms (BITF) shares showed the highest returns - 86% and 34%. While Bitcoin fell by 3.62% after the halving.

📈 Historical trends say that the halving event “always preceded a period of rising prices.” Analysts say the data and previous trends are "strong" enough to suggest any sideways price movement is "temporary."

👇 Let's discuss in the comments: Do you think the market will exceed previous historical highs by the end of the year?