The Bitcoin rally has allowed crypto mining stocks to achieve their best monthly performance in at least a year, providing some respite from the debt and energy price concerns that have devastated stocks in 2022.
The 20-member MVIS Global Digital Asset Mining Index is up 64% so far in January, beating Bitcoin’s 28% gain. This is his best month since the start of late 2021 and contrasts with his 88% decline last year.