Bitcoin mining stock report: Wednesday, October 12
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Quick Take
- Share prices for most bitcoin miners fell in the markets on Tuesday, while a few stocks trended upward.
- Mawson Infrastructure Group, Argo and SAI.TECH were among the most poorly performing stocks.
Most bitcoin mining companies tracked by The Block fell in the stock market Wednesday, but a few still trended upward.
Bitcoin was trading at around $19,200 by market close, according to data from TradingView.
Mawson Infrastructure Group fell 15.13%, followed by Argo (-8.60% on the London Stock Exchange) and SAI.TECH (-5.65%).
On the other side, Iris Energy's stock rose 3.23%, followed by Bitfarms (3.13% on the Toronto Stock Exchange) and Bit Digital (2.86%).
Here's how crypto mining companies performed on Wednesday, Oct. 12:
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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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