"Despite Bitcoin's strong start in 2024, crypto mining stocks outperformed BTC after the halving. Hut 8 and Bitfarms posted the highest returns. 📈 The fourth Bitcoin halving event led to significant changes in the mining industry, hitting small companies the hardest due to "suboptimal infrastructure and lack of economies of scale." As a result, private equity firms have been consolidating smaller firms despite recent problems with Bitcoin. This has led to a noticeable rise in miner stocks."