Bitcoin mining stock report: Tuesday, August 2
Quick Take
- Most bitcoin mining companies saw their stocks rise on Tuesday.
- Cipher Mining, Core Scientific and Hive Blockchain’s stocks were among the most well-performing.
Most bitcoin mining companies were up in the stock market on Tuesday.
The coin was trading at around $23,000 by market close, according to TradingView.
Cipher Mining, Core Scientific and Hive Blockchain's stocks were among the most well-performing, going up by 13.50%, 12.86% and 7.79% (on the Toronto Stock Exchange).
Marathon announced after market close on Monday that it secured an additional $100 million in credit from Silvergate Bank and refinanced an existing $100 million bitcoin-backed loan. The company's stock was up by 5.62% on Tuesday.
Digihost's stock fell by 1.56% after announcing plans to transfer part of its mining fleet from New York to a new Alabama site.
Here's how crypto mining companies performed on Tuesday, August 2:
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