Bitcoin mining stock prices rally, led by AI firms as bitcoin reclaims $90,000
Hut 8 Mining pHut 8 Mining p(US:HUT) Yahoo Finance·2025-12-22 14:45

Bitcoin mining stocks staged a sharp rebound Monday, led by AI-focused firms, as bitcoin reclaimed the 90,000level.Therecoveryfollowsasell−offlastweektriggeredbyregulatoryenforcementinChina’sXinjiangregionthatpressuredcryptocurrencyprices.FirmspivotingtoAIdatacentersledtherally,postingaveragegainsexceeding1090,000 level. The recovery follows a sell-off last week triggered by regulatory enforcement in China’s Xinjiang region that pressured cryptocurrency prices. Firms pivoting to AI data centers led the rally, posting average gains exceeding 10% before the market opened. Applied Digital (NASDAQ: APLD) topped the sector with a 16.53% surge, while Hut 8 (NASDAQ: HUT) climbed 14.33% to 44.12 and IREN (NASDAQ ...