So Bitcoin is holding above $80K, which is crazy bullish, but mining stocks are still lagging behind. I’ve been holding $MARA for a while and watching $RIOT and $CLSK, but recently stumbled onto $CANG, which honestly surprised me.
They mined 933 BTC in Q4 and another 472 BTC in Feb, and are holding almost 2,000 BTC now. Plus, they’re operating in multiple countries — U.S., Canada, Paraguay, Ethiopia — unlike $MARA and $RIOT that are mostly U.S.-centric. I wonder if that global setup helps them avoid some of the regulatory headaches that U.S. miners might face if policies tighten.
Feels like if BTC keeps running, mining stocks will have to catch up. Just not sure which one has the best risk/reward. Curious what others think—stick to the big names like MARA, RIOT, CLSK, or time to look into newer players like CANG?