Mining • May 16, 2022, 4:31PM EDT

Bitcoin mining stock report: Monday, May 16

Read the non-AMP story on Theblock.co
the block

As a new week of trading commenced, most bitcoin miners' stocks went down during Monday's trading session.

Iris Energy, in particular, fell by 36.45% on Nasdaq. Riot, Marathon and Core Scientific also saw their stocks drop by between 9% and 10%.

After announcing declining revenues in the first quarter of 2022, Bitfarms' stock went down by 5.41% on the Toronto Stock exchange and 7.88% on Nasdaq.

Here is a look at how other crypto mining companies did in the markets on Monday, May 16: