Shares of crypto miners, including Bitfarms, Cipher Mining, and Hut 8, surged after Jane Street revealed significant positions in them. Jane Street’s trading affiliates own 5.4% of Bitfarms, 5% of Cipher Mining, and 5% of Hut 8. The stocks rose 8% to 13% on Thursday and continued to climb on Friday.
Bitfarms, Cipher Mining, and Hut 8 saw gains of 10.68%, 19.73%, and 17.27% respectively at market close on Friday. Other Bitcoin mining stocks like American Bitcoin Corp., IREN Limited, and Hive Digital Technologies also posted gains on Friday, indicating positive momentum in the sector.
Bitcoin mining companies have outperformed Bitcoin itself in 2025, with significant growth. Over the past year, Bitfarms increased nearly 131%, Hut 8 rose around 211%, while Bitcoin itself is up about 73%. This trend highlights the profitability and potential of Bitcoin mining companies in the current market environment.
Read more at Cointelegraph: Jane Street stakes drive rally in Bitfarms, Cipher and Hut 8 shares
