Bitcoin mining stock report: Monday, October 31
Most bitcoin mining stocks tracked by The Block trended downwards on Monday.
Bitcoin was trading at around $20,400 by market close, according to data from TradingView.
Argo Blockchain fell 51.92% on the London Stock Exchange and 43.65% on Nasdaq, after saying that it might become negative cash flow negative due to a financing deal that fell through.
Cipher Mining fell 12.17%, followed by Bitfarms (8.68%) and Hive Blockchain (8.58% on Nasdaq).
Here’s how crypto mining companies performed on Monday, Oct. 31:
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Author: Catarina Moura
