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Bitcoin mining stock report: Core Scientific continues rally with a 72% gain

Bitcoin mining stock report: Core Scientific continues rally with a 72% gain

Despite most mining stocks falling, Core Scientific continued its rally by finishing up 72% today. 

Bitcoin was valued at around $17,400 at the close on Thursday, according to data from TradingView. The cryptocurrency steadily fell from its position of roughly $17,800 yesterday.  

BTC/USD price chart by TradingView

Core Scientific continued its rally by finishing up 72% today. The firm’s shares gained 69% yesterday after B. Riley, one of its largest creditors, proposed a $72 million financing lifeline for the firm. Mawson Infrastructure Group ranked second in gains, rising 6.32%. 

CleanSpark fell the most today, down 16.67%, followed by both the U.S. and Canadian companies of Bitfarms, down 12.2% and 11.11%, respectively. 

Here’s how crypto mining companies performed on Thursday, Dec. 15:

© 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: MK Manoylov


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