ChainCatcher reported that according to a report by JPMorgan analysts, as of June 15, the market value of U.S.-listed Bitcoin mining companies hit a record high of $22.8 billion.
In the first half of June, 14 U.S.-listed stocks rose, with Core Scientific, TeraWulf and IREN up 117%, 80% and 70%, respectively, JPMorgan analysts Reginald Smith and Charles Pearce wrote in a note to clients on Monday.
Argo Blockchain was the only mining company to see a price drop in June, falling 7%, underperforming the 3% drop in the price of Bitcoin.
Marathon Digital is currently the largest Bitcoin mining company in the United States, with a market value of $5.3 billion, followed by CleanSpark and Riot Platforms, with market values of $4 billion and $3 billion, respectively.