Bitcoin Rebound Sparks Asymmetric Upside in Miners and Treasury Plays

Bitcoin is experiencing a rebound at $65,541 (+1.52% today) after reaching a 52-week low of $57,803.

The question on everyone's mind: which equities have the most asymmetric upside if this rebound continues?

Miners operating near break-even thresholds will see rapid margin expansion as BTC rises. Treasury plays and exchanges will also benefit from rising sentiment and volumes.

Hut 8 (HUT) is a standout performer, with a +454.78% YTD increase and strong operational leverage, signaling that it's the highest-beta name if the trend resumes.