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Want a wilder ride than bitcoin? Try bitcoin mining stocks

Quick Take

  • The gains made by publicly listed mining stocks in recent months have far outstripped those of bitcoin in percentage terms — and the losses tend to be steeper when BTC is dropping.
  • How are investors valuing these stocks? How should they be?
The gains made by mining stocks in recent months have far outstripped those of bitcoin in percentage terms. What goes into valuing them?

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