Bitcoin (BTCUSD) is back in the spotlight, soaring past $94,000 – a level last seen in February - and reasserting its role as the digital age’s safe haven. An interesting story is unfolding in Bitcoin mining stocks as a result, names that have quietly lagged amid shrinking margins and tariff-induced headwinds.
Riot Platforms (RIOT), one of the largest U.S.-based miners, had been under pressure for months. Trump-era tariffs have driven up the cost of importing essential mining hardware like ASICs, threatening the growth of domestic mining operations.
