Bitcoin miners make moves in preparation for the BTC block reward halving, which is scheduled for April 2024.

In July, Bitcoin mining stocks continued their positive 2023 run, with the top 10 stocks by market cap gaining 23.10% on the month on average, with a year-to-date return of 277.34%.

In comparison, the Bitcoin

BTC

tickers down

$28,860

price lost 3.59% in July as it failed to build support above $30,000 for the sixth week since June. Despite a difficult July, the BTC price is still up 78.88% in 2023.