Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining
1. Bitcoin rose 15% in April, closing near $94,300. 2. Hut 8 stock declined by 2.18% despite Bitcoin's rally. 3. Mining stocks underperformed Bitcoin, with valuations dropping to 35%. 4. Profitability of miners decreased, falling 70% below pre-halving levels. 5. April saw the second-largest hashrate gain but lower miner profits.