Digital Assets Watch: Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance

In the current cycle, publicly-listed bitcoin miners took a beating on Friday, May 15, 2026, with every major traded mining stock dropping between 2.52% and 9.59% in a single session, even as their year-to-date gains outpaced bitcoin’s own performance by a wide margin.

Yet all of the top ten miners today sit well above that figure, and the reasons why go beyond BTC price action.

Leads the YTD group (out of the top ten publicly-traded mining stocks by market cap) with a 123.16% gain, trading at $102.52 per share despite sliding 6.26% on Friday.

Bitcoinminingstock.io data shows the company’s market cap stands at $11.54 billion.

Hut 8 has been building out artificial intelligence (AI) infrastructure under a $7 billion, 15-year lease at its River Bend site, offering GPU-as-a-Service and high-performance compute capacity to enterprise clients.

Follows with a 95.56% YTD gain after dropping 7.03% on the day.

Terawulf has contracted roughly $12.8 billion in HPC revenue, with deals tied to Google and Fluidstack-backed partners covering more than 200 megawatts of capacity.

Applied Digital Corporation posted a 72.38% YTD return but shed 9.50% on Friday, the second-largest single-day loss in the top ten standings.