The total market capitalization of Bitcoin listed mining companies has risen to 90 billion USD.

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[Bitcoin listed mining companies' total market capitalization rises to 90 billion USD] On Wednesday, Bitcoin mining stocks continued to rebound strongly, with the total market capitalization of 15 major listed mining companies surpassing 90 billion USD, more than doubling from levels less than two months ago. The leader of this rally is Bitdeer, whose stock price soared by 32% to $26.61, reaching a new high in over a year. The Singapore-based company disclosed on Tuesday that thanks to the launch of its self-developed mining machines, its actual computing power increased by 32.9% month-on-month in September, surpassing Riot to become the world's fifth-largest publicly listed Bitcoin mining company. The stock price of mining machine manufacturer and self-operated mining equipment operator Canaan Creative has also risen by as much as 11.1%, reaching $2.00. The company recently received an order for 50,000 A15 Pro Avalon mining machines and expanded its natural gas power generation mining pilot project in Canada. This momentum has almost spread throughout the entire industry. Applied Digital and Hut 8 also achieved double-digit gains on Wednesday, while nearly all other companies' stock prices are close to or have already set new 52-week highs.

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