Bitcoin mining stock prices tumble as bitcoin falls, CCP renews BTC crack down

1 month ago 29

Edwin Ziheng Wang

Mon, December 15, 2025 astatine 10:21 AM CST 1 min read

Bitcoin mining equities fell astir 10% soon aft marketplace unfastened connected Monday arsenic the terms of bitcoin dropped significantly. The diminution coincided with reports regarding the forced closure of cryptocurrency mining operations successful China.

Bitcoin dropped from $89,474 to $87,024.78 successful little than 1 hr during the greeting session. This volatility triggered a wide selloff among large publically traded bitcoin mining stocks.

Reports besides surfaced contiguous that the CCP has renewed its ace down connected bitcoin mining, forcing anyplace from 1-2 GW of bitcoin mining operations to unopen down successful Xinjiang. Sources accidental this equates to 100 EH/s of bitcoin mining hashrate, oregon 1/12th of the full network’s computing capableness earlier the ace down.

With respect to losses among publically traded bitcoin miners, CleanSpark (NASDAQ: CLSK) recorded the steepest diminution among the reporting group. Shares of CleanSpark fell 13.83% to commercialized astatine $12.09. TeraWulf (NASDAQ: WULF) followed intimately with a important pullback. Shares decreased 12.56% to $12.53.

Cipher Mining (NASDAQ: CIFR) retreated arsenic the broader assemblage faced pressure, falling 12.46% to $14.93. IREN (NASDAQ: IREN) shares mislaid 9.59% to $36.28, Riot Platforms (NASDAQ: RIOT) dropped 6.99% to $14.23, and MARA (NASDAQ: MARA) fell 6.81% to commercialized astatine $10.74.

Galaxy Digital (GLXY) experienced a mean diminution compared to its peers, with shares sliding 5.05% to $25.40. Core Scientific (NASDAQ: CORZ) showed the astir resilience among the tracked mines, lone falling 4.78% to $15.74.

Header photograph by Maxim Hopman via Unsplash