Is Bitcoin Mining Dying? Stocks Slide Despite Billion-Dollar Deals as Wall Street Loses Patience
Yahoo Finance·2026-01-01 16:47
Bitcoin mining equities are selling off again to start off 2026. If you’re one of those people searching “is bitcoin mining still profitable?”, you might want to think again. Even as miners lock in massive Bitcoin mining infrastructure expansions, financing agreements, and AI-adjacent partnerships, stock prices continue to drift lower alongside Bitcoin’s sluggish price action. hovered near $88,900 on Tuesday, up modestly on the day but still down roughly 2.8% month-over-month. That lack of momentum is b ...