🐋 WHALE WATCH: Reports for May 2026 indicate that all of the top 10 publicly traded $BTC mining stocks have maintained positive year to date (YTD) performance. This trend persists despite Bitcoin itself being down approximately 20% YTD.

YTD Performance Highlights
=> Top Performer: TeraWulf Inc. leads the group with gains of approximately 85%.
=> Hut 8 Corp. follows with a significant increase of roughly 67%.
=> Riot Platforms Inc. has risen approximately 46%.
=> Other Notable Gains: Core Scientific is up about 40% and Applied Digital has climbed roughly 37%.
=> Weakest Link: Bitdeer Technologies Group shows the lowest return among the top ten rising around 5%.
Sector Drivers:

The strength in mining stocks is largely attributed to leading companies expanding into High Performance Computing (HPC) and Artificial Intelligence (AI) sectors.
=> TeraWulf has secured over $12.8 billion in HPC contract revenue through major deals with providers like Google backed Fluidstack.
=> Riot Platforms reported that its data center business contributed $33.2 million in Q1 2026, helping to offset declines in core mining revenue.
=> Core Scientific is planning to transform a Texas site into a massive AI focused data center campus with up to 1.5 gigawatts of capacity.
=> HIVE Digital Technologies reported a 219% year over year increase in quarterly revenue in February 2026 supported by its AI and HPC expansion.