PANews reported on January 17 that according to CoinDesk, according to data from TheMiningMag, last year, the Bitcoin holdings of US listed crypto mining companies doubled, reaching a total of 92,473 BTC at the end of December, worth $8.6 billion. The largest number is MARA Holdings (MARA), which holds 44,893 BTC, almost half of the total holdings. MARA is the second largest company among listed companies, second only to MicroStrategy (MSTR) with 450,000 BTC.

According to Bitcoin Treasuries, three other mining companies hold more than 10,000 BTC: Riot Platforms (RIOT) holds 17,722 BTC, Hut 8 (HUT) holds 10,171 BTC, and CleanSpark (CLSK) holds 10,097 BTC. Not all miners follow the HODL strategy. IREN (IREN), TeraWulf (WULF) and Core Scientific (CORZ) all hold very little Bitcoin or none at all. Due to fierce business competition, these companies have turned to the artificial intelligence and high-performance computing industries.

Stock prices have not matched Bitcoin's performance. Overall, miners have underperformed Bitcoin and other crypto-related stocks, such as MicroStrategy. Standout performers Core Scientific and Terawulf have both achieved returns of more than 300% with their new AI focus. However, miners that hold Bitcoin have benefited greatly this year, with RIOT, HUT and CLSK all outperforming Bitcoin. Only Bitdeer (BTDR) has generated negative returns after a strong performance in 2024.