Bitcoin Mining Stocks Momentum Watchlist: GYST, CAN, SDIG, CORZ, CLSK, CIFR

Following were the most active stock buzzers in the Bitcoin sector on Friday. Keep an eye on these stocks this week.

Nano-Cap Stocks Watchlist

The Graystone Company (OTCMKTS:GYST) entered the bitcoin mining industry with a bang.  Starting its mining operations on September 15th of last year, the company has already reported $176,926 in revenues.  Now is the time to research this company because its Jan. 27th press signals major 2022 earnings potential.GYST may have a higher EPS than top BTC miners MARA, GREE, and BTCM by year’s end.  Trading near $0.02 now, most investors are unaware of this fast-growing bitcoin miner, start your research today.

Canaan Inc. (NASDAQ:CAN) stock has been witnessing consistent sell-off following a big jump last year. The stock has corrected 17% so far this year. Moreover, the stock has already fallen 12% in the past year. However, the stock bounced back on high volume after hitting a new low last week. The stock ended up by 14.36% to $4.30 on 3.30 million shares traded hands, compared to its average volume of 4.36 million shares.

Stronghold Digital Mining Inc. (NASDAQ:SDIG) stock saw a bit of bounce back in the previous session after the recent fall. The stock has been witnessing selling pressure at a higher level and has fallen 28% in the past month. The stock has been under pressure with broader sell-off in the crypto market. However, the stock closed higher by 15.97% to $8.93 with more than 696k shares traded hands, below its average volume of 639K shares. Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States.

Core Scientific Inc. (NASDAQ:CORZ) is another active stock in the Bitcoin mining sector. The stock ended higher by 11.57% in the previous session at $8.68 with more than 1.61 million shares, compared to its average volume of 1.23 million shares. The stock has lost 13% in the past 6-month. The stock is trading above 32% from its 52-week low and 45% away from its 52-week high. Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States.

CleanSpark Inc. (NASDAQ:CLSK) stock has been showing high volatility on unusual volume. The stock has eroded most of its recent gains due to a broader sell-off in the sector. The stock has lost 66% in the past 3-month. On Monday, CLSK stock went up 10.89% to $6.72 with more than 1.91 million shares, compared to its average volume of 1.89 million shares. The stock is trading above 22% from its 52-week low and 83% away from its 52-week high. Last week, the company announced that its hashrate has recently exceeded 2 exahashes per second (EH/s), doubling over the past three months.

Cipher Mining Inc. (NASDAQ:CIFR) stock has pulled back sharply over the past month after a monster rally in 2021. The stock has lost 35% so far this year. Moreover, the stock is still down 71% in the past year. The stock is trading above 19% from its 52-week low and 80% away from its 52-week high. Cipher Mining Inc., an industrial-scale Bitcoin mining company, focuses on the development and operation of cryptocurrency mining business in the United States. The company was founded in 2021 and is based in Rye, New York.