Bitcoin mining stock report: Tuesday, August 30
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Quick Take
- Most bitcoin mining stocks fell Tuesday as bitcoin’s value fell below $20,000.
- Stronghold Digital Mining, Argo Blockchain, Mawson Infrastructure Group and Greenidge Generation were among the most underperforming stocks.
Most bitcoin mining companies fell on the stock market Tuesday, as bitcoin dropped below $20,000.
The coin was priced at around $19,900 at market close, according to data from TradingView.
Stronghold Digital Mining fell by 15.66%, followed by Argo Blockchain (-5.42% on Nasdaq), Mawson Infrastructure Group (-5.24%) and Greenidge Generation (-4.62%).
A few stocks still went up, including Cipher Mining (+7.10%) and Northern Data (+5.33%).
Here's how crypto mining companies performed on Tuesday, August 30:
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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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