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Bitcoin mining stock report: Wednesday, July 20

Bitcoin mining stock report: Wednesday, July 20

Bitcoin mining stocks were up on Wednesday, some by double digits, as the coin’s value temporarily surpassed $24,000.

At the time of market close, bitcoin’s price was around $23,7000, according to TradingView.

Hive Blockchain’s stock rose by 7.73%  on Nasdaq, after the company announced earlier in the day that it hit a “record net income” of $79.6 million in the year ending March 2022.

Stronghold Digital Mining saw its stock rise by 50%, followed by Mawson Infrastructure Group (21.53%), Iris Energy (+14.90%) and Argo (+13.89%).

Here’s how crypto mining companies performed on Wednesday, July 20:

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Catarina Moura


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