(WGMI) Valkyrie Bitcoin Miners - Overview

ETF Category: Equity Digital Assets | Exchange: NASDAQ (USA) | Market Cap: 362m USD | Total Return: 242% in 12m

Bitcoin Mining, Hardware, Specialized Chips, Software, Infrastructure
Total Rating 86
Safety 56
Buy Signal 0.21
Equity Digital Assets
Category Rotation: -11.6
TER: 0.75%
AUM: 362M
Avg Turnover: 26.5M
Risk 3d forecast
Volatility79.1%
VaR 5th Pctl13.7%
VaR vs Median-4.02%
Reward TTM
Sharpe Ratio1.96
Rel. Str. IBD95.9
Rel. Str. Peer Group91.7
Character TTM
Beta3.540
Beta Downside3.416
Hurst Exponent0.496
Drawdowns 3y
Max DD62.79%
CAGR/Max DD1.32
CAGR/Mean DD3.03

Warnings

Choppy

Tailwinds

Leader, Tailwind, Pullback 52w

Description: WGMI Valkyrie Bitcoin Miners

The Valkyrie Bitcoin Miners ETF (WGMI) is an actively managed, non-diversified fund targeting the digital asset equity sector. It mandates that at least 80% of its net assets be invested in companies generating a minimum of 50% of their revenue or profit from bitcoin mining or the production of specialized hardware, chips, and software. The fund does not hold bitcoin directly or utilize derivatives to gain exposure to the cryptocurrency’s spot price.

Bitcoin mining is a capital-intensive business model that relies on specialized Application-Specific Integrated Circuits (ASICs) to solve complex computational problems and secure the blockchain. These operations are highly sensitive to global energy costs and the halving cycles, which periodically reduce the block rewards issued to miners. Investors may find it useful to examine ValueRay for further data on these market dynamics. The funds performance is closely tied to the operational efficiency and hash rate capacity of its underlying portfolio companies rather than direct digital asset ownership.

Headlines to Watch Out For
  • Bitcoin price volatility directly impacts miner profitability and underlying asset value
  • Rising energy costs and electricity prices compress margins for mining operations
  • Bitcoin halving events reduce block rewards and increase network difficulty levels
  • Global demand for specialized ASICs and high-performance computing hardware drives revenue
  • Regulatory shifts in energy consumption policies affect domestic mining facility viability
What is the price of WGMI shares?

As of May 24, 2026, the stock is trading at USD 61.59 with a total of 405,146 shares traded.
Over the past week, the price has changed by +8.25%, over one month by +23.66%, over three months by +55.76% and over the past year by +241.97%.

Is WGMI a buy, sell or hold?

Valkyrie Bitcoin Miners has no consensus analysts rating.