Bitcoin (CRYPTO: BTC) mining stocks MARA Holdings Inc (NASDAQ:MARA), Riot Platforms Inc (NASDAQ:RIOT) and CleanSpark Inc (NASDAQ:CLSK) are surging Wednesday morning after Donald Trump was elected as the next president of the United States.
What To Know: Broader markets are ripping higher in early trading Wednesday after Trump secured a second term as investors expect U.S.-focused companies to benefit from potential lower taxes and tariffs.
Crypto markets appear to be among the biggest immediate beneficiaries with Bitcoin (CRYPTO: BTC) hitting new all-time highs above $75,000 and several other popular cryptocurrencies surging on the election results. …
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