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Bitcoin mining stock report: Friday, June 3

Bitcoin mining stock report: Friday, June 3

Most Bitcoin mining companies ended the week on a low note.

Iris Energy’s stock fell by 9.40%, Core Scientific’s by 8.55% and Cipher Mining’s by 8.55%.

Riot announced after the markets closed on Thursday that it mined 466 BTC and sold about 250 BTC in May, generating net proceeds of approximately $7.5 million.

The company currently has a deployed fleet of 43,458 miners, with a hash rate capacity of 4.6 exahash per second.

Riot’s stock was down by about 9.61% at the end of Friday

Here’s how crypto mining companies performed on Friday, June 3:

© 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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