Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining

Bitcoin (CRYPTO: BTC) had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd (NASDAQ:IREN), Riot Platforms Inc (NASDAQ:RIOT), TeraWulf Inc (NASDAQ:WULF) and Hut 8 Corp (NASDAQ:HUT) — seriously lagged.

While Bitcoin has gained 14.42% over the past month, Iren stock is down 5.05%. Riot stock has gained a meagre 0.46%, TeraWulf up 4.50% while Hut 8 stock has declined 2.18%.

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