Jane Street Boosts Crypto Miners with Major Stake Acquisitions
Prominent trading firm Jane Street has disclosed substantial passive stakes in key Bitcoin mining companies, including Bitfarms (5.4%), Cipher Mining (5%), and Hut 8 (5%). This news has fueled significant rallies in the stock prices of these firms, with Cipher Mining surging nearly 20% and Hut 8 up over 17% following the SEC filings.
The sustained institutional interest, with Jane Street also previously investing in Marathon Digital and Google acquiring a stake in Cipher Mining, underscores the growing recognition of mining operations as vital infrastructure within the digital asset ecosystem. These mining companies have demonstrated significant outperformance compared to Bitcoin itself over the past year, highlighting their potential for investor returns.
https://cryptovka.ru/en/news/None/crypto-miners-surge-as-jane-street-discloses-major-investments