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Bitcoin mining stock report: Thursday, August 18

Bitcoin mining stock report: Thursday, August 18

A majority of bitcoin mining stocks fell on the stock market on Thursday, while some still recovered.

Bitcoin was trading at around $23,400 at market close, according to data from TradingView.

Hut 8’s stock fell by 10.03% on Nasdaq, followed by Greenidge Generation (-9.67%) and Cipher Mining (-9.38%).

On the other side, Iris Energy, SAI.TECH and HIVE Blockchain saw their stocks rise by 7.71%, 4.82% and 2.50% (on the Toronto Stock Exchange), respectively.

Here’s how crypto mining companies performed on Thursday, August 18:

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Author: Catarina Moura