The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific. Bitcoin (BTC) mining stocks soared double digits on Wednesday a day after United States presidential candidate Donald Trump promised to bolster mining operations in the country.Trump said he wants “all the remaining Bitcoin to be MADE IN THE USA!!!” adding it would help the country be “ENERGY DOMINANT” in a June 12 post, which came shortly after a meeting he hosted with some of the industry’s top executives.Trump also reportedly told the industry executives that he promised to support the sector should he be elected as president in November.Bitcoin mining stock traders seemingly liked Trump’s industry promises.TeraWulf (WULF) and Hut 8 Mining (HUT) were the biggest movers among the top 10 largest Bitcoin miners by market cap, increasing 10.5% and 10.07% respectively on June 12, according to Google Finance.
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*TeraWulf’s change in share price on June 12. Source: Google Finance*