Themes · Bitcoin_miners

Narrative basket·№22 of the day·As of 2026-08-25

Bitcoin Miners & Mining Infrastructure/ №22

Bitcoin miners and direct mining infrastructure.

As of 2026-08-25, Bitcoin Miners & Mining Infrastructure ranks №22 among themes for that session with a composite score of 27/100 and median member RS of 47.

Composite: 27_/100
Median RS: 47
Breadth > 50dma: 20%
% at Highs: 0%
Accumulation: 20%
$-Vol Δ: -23%

Score history · last 60 sessionsLast 27·Range 15–72

Members_{22 tickers}

Ticker / whyRSTrendHighAccum$Vol

HUTHut 8 owns and operates power and digital infrastructure used for Bitcoin mining and other compute workloads.

RS 95

-37%$297.2M$472.8M

RIOTRiot operates Bitcoin mining, data-center hosting and electrical engineering businesses serving mining infrastructure.

RS 75

-26%$353.1M$478.4M

CIFRCipher operated industrial-scale Bitcoin mining during 2025 while developing a parallel HPC hosting business.

RS 72

-31%$479.4M$690.0M

SLNHSoluna develops renewable-powered data centers that host energy-intensive computing, including Bitcoin mining.

RS 69

+43%$18.0M$12.6M

DGXXDigi Power X develops energy-backed digital infrastructure and conducts Bitcoin mining at owned facilities.

RS 55

-35%$8.6M$13.2M

WULFTeraWulf operates Bitcoin self-mining and is converting part of its power-backed campus capacity to HPC hosting.

RS 55

-15%$493.3M$583.4M

APLDApplied Digital no longer owns direct Bitcoin exposure but still supplies purpose-built data-center capacity to mining customers; this is real enabling exposure, not core mining economics.

RS 53

-28%$383.2M$535.0M

CLSKCleanSpark identifies Bitcoin mining as its principal business and operates owned mining facilities and computing fleets.

RS 52

-14%$239.9M$278.2M

IRENIREN operates Bitcoin mining and AI cloud services on a common renewable-powered data-center platform.

RS 50

-28%$1.4B$1.9B

HIVEHIVE operates Bitcoin mining fleets and data centers while also scaling GPU cloud services.

RS 44

-17%$59.1M$71.6M

MARAMARA operates large-scale Bitcoin mining, owns mining sites and develops energy and mining technology.

RS 42

+13%$573.3M$508.9M

CORZCore Scientific operates digital-asset self-mining and hosting alongside high-density compute hosting.

RS 38

-47%$156.0M$296.9M

BTDRBitdeer operates self-mining, cloud-hashrate and mining-data-center businesses and develops Bitcoin ASIC mining systems.

RS 36

-27%$123.7M$169.0M

CANCanaan’s Bitcoin ASIC hardware and self-mining operations satisfy the final core rule without a liquidity gate.

RS 19

50D

ACCUM

+223%$17.3M$5.3M

BTBTBitcoin mining generated about 24% of 2025 revenue and is being wound down while cloud, colocation and ETH infrastructure expand; real current exposure is below the core revenue threshold.

RS 18

+43%$61.5M$42.9M

FUFUBitFuFu is a direct Bitcoin miner and mining-services operator; this is a high-confidence eligible omission from the locked roster.

RS 10

50D

ACCUM

-3%$302K$311K

ARBKArgo Blockchain is a direct Bitcoin miner and satisfies the final core rule without a liquidity gate.

RS 9

-60%$19K$47K

CANGCango’s direct Bitcoin mining operations satisfy the final core rule without a liquidity gate.

RS 4

50D

ACCUM

+28%$1.1M$856K

ABTCAmerican Bitcoin mines Bitcoin and maintains a Bitcoin reserve as its defining operating strategy.

RS --

50D

ACCUM

+68%$18.8M$11.2M

KEELThe current filing says Bitcoin mining produced substantially all current revenue and continued at every site as of March 27, 2026. The AI/HPC transition is prospective, so the locked final exclusion is inconsistent with the as-of evidence and should be reversed until mining ceases to be material.

RS --

-29%$101.0M$141.3M

GREEVulcan Infrastructure & Power, still trading under GREE in the SEC map, derives material economics from Bitcoin mining, mining hosting and associated power generation; this is an eligible omission.

RS --

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LMFALM Funding operates owned Bitcoin miners, mining sites and a Bitcoin treasury; direct mining is a material primary business and the issuer is an eligible omission.

RS --

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