Bitcoin mining stock report: Monday, July 25
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Quick Take
- Most bitcoin mining stocks fell during Monday’s trading session.
- Stronghold Digital Mining, Mawson Infrastructure Group, Hut 8 and Argo were some of the most underperforming stocks.
Bitcoin mining companies were down in the stock market on Monday afternoon, as bitcoin's value fell below $22,000 for a good part of the day.
The coin's price rose closer to $22,100 at the end of the trading session, according to TradingView.
Stronghold Digital Mining's stock dropped by 15.10%, followed by Mawson Infrastructure Group (-14.92%), Hut 8 (-9.77% on the Toronto Stock Exchange) and Argo (-8.42% on the London Stock Exchange).
Here's how crypto mining companies performed on Monday, July 25:
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AUTHOR
Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).
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