BITCOIN RISES, MINING STOCKS FALL – WTF?

Bitcoin’s smashing it at $98K+—but the mining stocks? Total wreckage.

Some miners are flexing, like Core Scientific (up 327%) and Bitdeer (167%), but most are straight-up crashing.

Argo’s down 84%, Greenidge dropping 74%, and Bitfarms slipping 44%.

The halving hit hard, mining costs are soaring, and the market’s just not vibing with these miners.

Can’t help but wonder—did they get too comfy during the bull run?

Source: Cointelegraph$BTC