Pocket Pivot Review - Bitcoin miners HUT, MARA, et al

Published:

2 Dec 2024 07:32 ET

We reported on miners such as HUT which leads the pack in reports such as this one here. The Bitcoin:market cap table has been updated as follows:

Company	Ticker	Market Cap ($B)	Bitcoin Holdings	Value ($B)	Value-to-Market Cap Ratio
MicroStrategy	MSTR	86	331,200	31.1	0.362
Tesla	TSLA	1010	$1.5B	~1.5	~0.00148
Block	SQ	55	~8,027	~0.749	~0.0136
Coinbase	COIN	14	9,000	~0.837	~0.0597
CleanSpark	CLSK	3.6	8,701	~0.810	~0.225
Galaxy Digital	GLXY	5.94	8,100	~0.754	~0.127
Stone Ridge	N/A	N/A	>10,000	~930M	N/A
Hut 8 Mining Corp	HUT	1	8,000	~744M	~0.744
Riot Platforms	RIOT	1.5	7,200	~669M	~0.446
Meitu	1357.HK	1	17,999	~1.67	~1.67
MARA	MARA	6.69	34,794	~3.3	~0.493

MARA’s November 2024 #Bitcoin Production Update is here:

- Energized Hash Rate Increased 15% to 46.1 EH/s
- Record 254 Blocks Won, a 27% Increase M/M
- 907 BTC Produced, a 26% Increase M/M
- Total BTC HODL: 34,959 BTC valued at $3.3B (spot: $95K)
- 12,965 BTC acquired YTD at avg. price $77,692
- 8,563 BTC mined YTD
- YTD BTC Yield Per Share of 37.2%

Read the full report: https://ir.mara.com/news-events/press-releases/detail/1381/mara-announces-bitcoin-production-and-mining-operation-updates-fornovember-2024

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