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Bitcoin mining stock report: Tuesday, June 21

Bitcoin mining stock report: Tuesday, June 21

A majority of bitcoin miners enjoyed a positive day in the stock markets on Tuesday.

Argo saw its stock rise 18.09% on Nasdaq and 13.91%  on the London Stock Exchange. Other stocks that went up included BIT Mining (+11.11%), Riot (+9.46%) and Marathon (+9.23%).

After announcing that it had paid down part of a $100 million dollar loan with the sale of 3,000 BTC, Bifarm’s stock was up by 4.51% on Nasdaq and 3.45% on the Toronto Stock Exchange by the end of the trading session.

Bitcoin mostly fluctuated between $20,000 and $21,000, reaching a high of around $21,600. The price was up since the weekend, when it dipped below $18,000, according to TradingView. 

Here’s how crypto mining companies performed on Tuesday, June 21:

 

© 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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