Despite bitcoin achieving another all-time peak on Monday, publicly traded mining stocks on Nasdaq started the day with declines.
Shares linked to companies such as Marathon, Cleanspark, Riot, and others have dropped in value against the U.S. dollar, contrasting with bitcoin’s surge to fresh price milestones.
On Monday, Mar. 11, 2024, BTC reached $72,486, but most bitcoin mining companies’ shares have fallen following a brief recovery last week.