Odaily Planet Daily News Morgan Stanley released a research report on Monday showing that as Bitcoin prices broke through $99,500 last month, the stock prices of some listed Bitcoin mining companies also significantly increased. The report pointed out that the market capitalization of the 14 Bitcoin mining companies tracked by Morgan Stanley grew by 52% month-on-month, reaching $36.2 billion. Among the best-performing companies in November, Singapore's Bitdeer saw its stock price rise by 83% during this period, reaching $14.27. Overall, last month, the stock prices of listed Bitcoin mining companies rose after the U.S. elections, with Argo Blockchain being the only mining company to report losses by the end of November, as its stock price fell by 3% to $1.08 last Friday. Analysts stated that since the halving event in April, Bitcoin mining revenue has decreased by 50%. Although rewards remain relatively low, the rise in Bitcoin prices has led to an increase in mining returns in November. Based on 1 EH, the daily revenue of Bitcoin mining companies in November grew by 24% from about $42,000 in October, reaching $52,000. (Decrypt)

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