Bitcoin Mining Stocks Soar in February But Remain Volatile on Halving Event and Expansion Bets

Leading crypto miners Marathon, Riot, and CleanSpark saw huge stock gains in February due to Bitcoin's price surge.

Bitcoin is caught between two catalysts - new Bitcoin ETFs driving demand and the upcoming "halving" event in April that impacts mining rewards.

Earnings reports from the miners also impacted their stock prices significantly, with Marathon reporting negative earnings that initially hurt the sector.

The miners are aggressively expanding their operations to increase their Bitcoin mining capacity and hash rates.

While risky, the miners' stocks remain far below recent highs after February's jumps, but volatility will likely persist.