Bitcoin (BTC) mining in 2025: Winners and laggards emerge as IREN leads and BTDR falls behind

Dec 26, 2025 - 17:15
Bitcoin (BTC) mining in 2025: Winners and laggards emerge as IREN leads and BTDR falls behind
As 2025 draws to a close, bitcoin BTC$86,861.57 faced a tough year, down about 7% year-to-date, while gold, the S&P 500 and technology stocks continue to hit all-time highs. As a result, public bitcoin mining stocks have shown stark contrasts, driven largely by diversification into artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The standout...

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