These bitcoin-linked stocks are doing better than BTC: Crypto Daybook Americas
Some U.S.-listed bitcoin mining stocks are outperforming Bitcoin's recent price decline due to strategic advantages like favorable energy contracts.Summary
The Crypto Daybook Americas for February 25, 2026, highlights that certain U.S.-listed bitcoin mining stocks are showing strength despite Bitcoin's choppy price action. Companies like Terawulf (WULF), Cipher Digital (CIFR), and HUT 8 (HUT) have seen gains while Bitcoin's spot price dropped. Analyst Markus Thielen suggests this decoupling is partly because these heavily shorted stocks benefit from long-term, attractive energy contracts, giving them a structural advantage. Bitcoin itself bounced above $65,000, tracking Nasdaq 100 futures, and spot Bitcoin ETFs saw significant net inflows of $257.7 million. Key price pivots for Bitcoin are noted: a sustained break below $60,000 is a downside trigger, while reclaiming $72,000-$75,000 signals returning risk appetite. The report also includes market movements, earnings estimates for mining companies like Core Scientific (CORZ) and Hut 8 (HUT), and technical analysis on Solana (SOL).
(Source：CoinDesk)