Bitcoin mining stock prices closed with mixed performances this week, with the leading bitcoin mining stocks split nearly evenly between gainers and losers.
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As of market close on October 17, 2025, over the last week, Bitdeer (+29.84%) vastly outperformed the rest of the sector, while Hut 8 (+5.72%), Bitfarms (5.47%), Cipher Mining (+5.1%), and MARA (+1.19%) also had positive weeks. Hive (-16.03%) led laggards, followed by Riot (-6.88%), IREN (-4.36%), CleanSpark (-3.46%), TeraWulf (-2.93%), and Core Scientific (-0.1%).
Bitcoin mining stock prices rallied across the board mid-week, peaking on Wednesday before selling off into Friday’s close.
On a monthly basis, every stock in the above cohort is up by double digit percentages.
Bitcoin mining stock prices have been bolstered by investor appetite for AI exposure. Every company in this update has proposed business strategies to break into AI/HPC infrastructure or compute services, with the notable exception of MARA.
Many of these companies have been inkinging major deals as of late and aggressively pursuing financing to fund their AI goals. TeraWulf and IREN, for example, respectively are drawing on $3.2 billion and $1 billion convertible notes, and Bitfarms proposed its own $300 million convertible note.
This fundraising will go towards CAPEX investments for each company’s AI business lines. For IREN’s part, the company recently announced a multi-year deal to provide cloud services which IREN estimates will generate $500 million in annual recurring revenue.
While IREN owns and operates GPUs as a cloud services provider, most all other bitcoin miners are instead building infrastructure to host other GPU operators, a model pioneered by Core Scientific in its deal with CoreWeave.
