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Bitcoin Mining Stocks Weekly - W3 26

Your weekly edge on Bitcoin mining stocks - performance, updates, and insights.

About: Cango Inc. (NYSE: CANG) is a Bitcoin mining company developing a global infrastructure platform to support the digital economy. Its core operations span multiple regions, alongside pilot projects in integrated energy and distributed AI computing. For more information, visit: www.cangoonline.com

Index Update

5-D Volatility: Bitcoin mining stocks mirrored Bitcoin鈥檚 price movements in a more volatile way. Here鈥檚 how they performed compared to other major stocks 馃憞

Major Company Updates

  1. Riot announces fee simple land acquisition and its first data center lease agreement with AMD at the Rockdale site, marking a key step in its AI infrastructure expansion strategy (link)
  2. Bit Origin Ltd announces 1-for-60 reverse stock split effective January 20, 2026 (link)
  3. NIP Group bitcoin mining operations produce 151.4 BTC during the initial operating period; capacity reaches 9.66 EH/s (link)
  4. Applied Digital appoints co-founder Jason Zhang as president (link)
  5. Soluna and Metrobloks to partner to unlock 100+ MW of AI and HPC capacity at Project Kati (link)
  6. CleanSpark expands Texas footprint with major power acquisition near Houston to support scaled AI and HPC development (link)
  7. Bitfarms announces board chair transition in anticipation of U.S. redomiciliation (link)
  8. HIVE Digital Technologies expands into Paraguay, launching one of the country鈥檚 first purpose-built AI BUZZ cloud platforms (link)

As of January 18, 2026, 10 of 30 public miners have released their December updates. One standout development: Bitdeer reported 71 EH/s in total hash rate under management, which surpassed MARA Holdings' 60.4 EH/s reported as of September 30, 2025. Its self-mining reached 55.2 EH/s, up 549.41% YoY. With the ongoing deployment of its in-house SEALMINER units, Bitdeer is positioning as the largest public miner by hash rate- if not already, then very soon. Below is the default view of the latest reported hash rate by each company. View details here.

P.S. NIP Group (Nasdaq: NIPG) is new addition to the public bitcoin mining list. Still under radar for many, the company reported 9.66 EH/s of installed hash rate as of January 2026.

By the way, if you鈥檙e looking to get a sense of where mining economics are heading, don鈥檛 miss this episode of podcast hosted by Abundant Mines.

As always, feel free to drop us a message for any suggestions, feedback, or just want to say hi.

Thanks for being part of our journey - see you next week!

Cindy & the BMS Team 馃挏

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