{"id":72609,"date":"2026-05-16T16:38:45","date_gmt":"2026-05-16T16:38:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-mining-stocks-sink-friday-yet-still-beat-btc-in-2026-performance\/"},"modified":"2026-05-16T16:38:45","modified_gmt":"2026-05-16T16:38:45","slug":"bitcoin-mining-stocks-sink-friday-yet-still-beat-btc-in-2026-performance","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-mining-stocks-sink-friday-yet-still-beat-btc-in-2026-performance\/","title":{"rendered":"Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">All ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Every miner on the list outperformed bitcoin\u2019s negative 11.1% YTD return, led by Hut 8 at 123.16%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">IREN Limited\u2019s 12.37% five-day slide signals short-term pressure even as sector YTD gains hold firm.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2> <span>Bitcoin<\/span> Miner Stocks Suffer on Friday, But Still Hold Solid 2026 Gains<\/h2>\n<p> <span>Bitcoin<\/span> closed the week at $77,849, down 11.1% year-to-date. Yet all of the top ten miners today sit well above that figure, and the reasons why go beyond <span>BTC price<\/span> action. Hut 8 Corp. leads the YTD group (out of the top ten publicly-traded mining stocks by <span>market cap<\/span>) with a 123.16% gain, trading at $102.52 per share despite sliding 6.26% on Friday.<\/p>\n<p><a href=\"https:\/\/bitcoinminingstock.io\/bitcoin-mining\/stock-data\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoinminingstock.io<\/a> data shows the company\u2019s <span>market cap<\/span> stands at $11.54 billion. Hut 8 has been building out artificial intelligence (AI) infrastructure under a $7 billion, 15-year lease at its River Bend site, offering GPU-as-a-Service and high-performance compute capacity to enterprise clients.<\/p>\n<p>Terawulf, Inc. follows with a 95.56% YTD gain after dropping 7.03% on the day. Its <span>market cap<\/span> is $9.17 billion. Terawulf has contracted roughly $12.8 billion in HPC revenue, with deals tied to Google and Fluidstack-backed partners covering more than 200 megawatts of capacity. Applied Digital Corporation posted a 72.38% YTD return but shed 9.50% on Friday, the second-largest single-day loss in the top ten standings.<\/p>\n<p><\/p>\n<p>Riot Platforms, Inc. fell 3.96% on Friday, the third-smallest decline. Its 86.62% YTD gain and $8.94 billion <span>market cap<\/span> reflect a company that has been selectively offloading <span>bitcoin<\/span> production while managing its transition to broader compute services. Core Scientific, Inc. dropped just 2.52% on Friday, the smallest single-day decline in the top ten cohort.<\/p>\n<p>The company carries a $7.72 billion <span>market cap<\/span> and a 66.82% YTD gain. Core Scientific has moved aggressively into AI colocation, anchored by a multi-year contract with Coreweave now valued at approximately $10.2 billion over 12 years. AI revenue already accounts for around 39% of its total revenue mix. MARA Holdings, Inc. posted a 6.39% single-day loss, bringing its price to $12.44. Its 38.53% YTD return still exceeds <span>bitcoin<\/span>\u2019s performance.<\/p>\n<p>MARA sold more than 20,800 <span>BTC<\/span> in the first quarter of 2026 alone, using proceeds to retire debt and fund infrastructure expansion. The company was among the largest contributors to a record-breaking quarter in which publicly listed miners sold more than 32,000 <span>BTC<\/span> combined, surpassing both their full-year 2025 total and the previous single-quarter record set during the 2022 <a href=\"https:\/\/news.bitcoin.com\/a-dark-day-for-crypto-a-deep-dive-into-the-obliterated-terra-token-ecosystem-and-damaged-apps\/\">Terra-Luna collapse<\/a>.<\/p>\n<p>Cleanspark, Inc. fell 5% Friday, trading at $13.28 per share. Its 31.22% YTD return edges above <span>bitcoin<\/span>\u2019s negative reading. Cleanspark sold portions of its April production, including approximately 748 <span>BTC<\/span> across spot sales and options, while holding the majority of output. Bitdeer Technologies Group recorded the largest single-day decline in the group, dropping 9.59% to $13.34 a share.<\/p>\n<p>Bitdeer <a href=\"https:\/\/x.com\/Bitdeer\/status\/2055495500657524802?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">disclosed<\/a> this week that it held zero <span>bitcoin<\/span> as of May 15, excluding customer deposits, having mined and sold all 198.3 <span>BTC<\/span> produced during the period. Its 18.95% YTD gain is the lowest on the list, though it still exceeds <span>bitcoin<\/span>\u2019s year-to-date return. IREN Limited, ranked first by <span>market cap<\/span> at $19.14 billion, dropped 8.17% Friday and is down 12.37% over the past five days, the steepest five-day decline out of the top ten.<\/p>\n<p>IREN has committed to a $9.7 billion, five-year deal with Microsoft covering more than 200 megawatts powered by Nvidia GPUs, with a broader pipeline targeting up to five gigawatts in partnership with Nvidia. Cipher Digital Inc. slipped 7.82% on Friday, closing at $20.55 with an $8.4 billion <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-market-cap\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">market cap<\/a> and a 39.19% YTD gain. Cipher has contracted hundreds of megawatts through multi-billion agreements, including deals backed by Google and Fluidstack.<\/p>\n<p>The broader context behind these YTD gains is a rapid and deliberate pivot away from pure <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-bitcoin-mining\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin mining<\/a>. The 2024 halving cut block rewards to 3.125 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> while network difficulty continued climbing, pushing an estimated 20% of the industry into operating losses at various points in early 2026. Miners with power infrastructure in place moved quickly to convert megawatts from <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> production to AI and high-performance computing (HPC) workloads, which offer longer contract terms and more stable revenue per megawatt.<\/p>\n<p>AI and HPC revenue will likely account for up to 70% of total revenue across listed miners by the end of 2026. Cumulative AI and HPC contracts across the sector now exceed $70 billion. Friday\u2019s session on Wall Street was a uniform pullback across the top ten publicly listed miners. The year-to-date numbers reflect something more durable.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-mining-stocks-sink-friday-yet-still-beat-btc-in-2026-performance\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways All ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%. Every miner on the list outperformed bitcoin\u2019s negative 11.1% YTD return, led by Hut 8 at 123.16%. IREN Limited\u2019s 12.37% five-day slide signals short-term pressure even as sector [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72609"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72609"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72610"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}