The past two weeks have seen a remarkable uptick in the market capitalization of major crypto mining stocks, with most companies experiencing double-digit percentage growth.

Marathon Digital (ticker MARA) led the pack, seeing its market cap jump from $5.51 billion on July 8 to $7.56 billion by the end of the week, a staggering 37% increase in just five days. While there was a slight pullback to $6.99 billion over the following week, the company still maintained a 27% gain over the 11 days ending on July 19. 

Riot Platforms (RIOT) followed a similar pattern, climbing from $2.78 billion to $3.67 billion, netting a 32% weekly increase in the second week of July before settling at $3.16 billion towards the end of last week. Hut 8 Mining (HUT) saw more modest but significant growth, …