Bitcoin mining stocks, including Core Scientific, Cipher Mining, TeraWulf, and Iris Energy, have seen significant gains this year, with some increasing by over 1,000%. However, these stocks still have a long way to go to fully recover from past losses. In comparison, investing in the top 50 cryptocurrencies by market cap would have yielded an average return of around 49%.

Meanwhile, Coinbase, the only publicly-listed US crypto exchange, has tripled in value this year but is still down 70% since its April 2021 direct listing. Positive earnings reports from crypto companies later this month could potentially drive further growth in digital asset markets.