|

3 Bitcoin Mining Stocks to Watch During 2nd Week of November

The crypto miners are an enormous half of how the asset’s worth reacts, making mining corporations a vital piece of the image. Some of these mining corporations lately launched their earnings report, and the worth reacted accordingly.

BeInCrypto has analysed three such prime BTC mining shares that might seemingly be making ready for an increase or decline on the charts additional.

Riot Platforms, Inc. (RIOT)

RIOT worth has dropped 17% for the reason that begin of the month, presently buying and selling at $17.12. Riot Platforms reported third-quarter 2025 outcomes exhibiting $180.2 million in income, up 114.2% from roughly $84.8 million a 12 months earlier. The Bitcoin mining firm additionally achieved a web revenue of $104.5 million (or $0.26 per diluted share), beating expectations, and reported an adjusted EBITDA of $197.2 million.

With a market capitalization of $6.44 billion, Riot Platforms ranks among the many prime 5 Bitcoin miners worldwide. If bullish sentiment returns to the crypto sector, RIOT may climb above $18 and purpose for $20.70, signaling restoration and renewed investor confidence within the firm’s mining operations and future profitability.

Want extra token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

RIOT Price Analysis. Source: TradingView

However, the Squeeze Momentum indicator is presently exhibiting a bearish formation. This sample means that downward strain may persist within the brief time period. If the squeeze releases negatively, RIOT worth could drop towards $15.43, extending current losses and testing investor resilience amid broader market uncertainty.

MARA Holdings, Inc. (MARA)

MARA Holdings (MARA) is the sixth-largest Bitcoin mining firm, with a market capitalization of $5.89 billion. The agency’s newest earnings report mirrored robust development, as web income surged 92% year-over-year. However, the corporate’s inventory efficiency has but to mirror this energy, exhibiting indicators of continued bearish strain.

MARA’s Bitcoin holdings additionally rose 98% year-over-year to 52,850 BTC, up from 26,747 in Q3 2024. Despite this milestone, investor response has been muted. MARA’s inventory has dropped 32% lately, with potential additional draw back towards $15.40, $14.63, and even $13.85 if bearish market sentiment persists.

MARA Price Analysis. Source: TradingView

However, MARA’s chart nonetheless shows a Golden Cross — a bullish technical sample the place the 50-day transferring common crosses above the 200-day transferring common. This formation suggests a doable rebound, with the inventory eyeing a break above $17.70 and probably rallying towards $19.64, invalidating the bearish state of affairs.

Hut 8 Corp. (HUT)

Hut 8 Corp is forming a double prime sample, historically seen as a bearish sign in technical evaluation. However, the corporate’s recent earnings call seems to have shifted market sentiment. Investors are actually watching intently to see if the bullish momentum can maintain regardless of earlier technical warnings.

Hut 8 Corp reported a 91% year-over-year income enhance to $83.5 million. The firm posted a narrower third-quarter loss of seven cents per share in contrast to 26 cents a 12 months in the past. This (*3*) helped HUT’s worth defy the double prime sample and encourage investor optimism.

HUT Price Analysis. Source: TradingView

Instead of falling beneath $41.33, HUT worth surged 14% between Friday and Monday’s pre-market session, reaching $47.18. The inventory is now aiming to breach $50.06 and rise to $55.41. However, extreme promoting may push HUT again towards $41.33, invalidating the bullish outlook.

The submit 3 Bitcoin Mining Stocks to Watch During 2nd Week of November appeared first on BeInCrypto.

Similar Posts