Bitcoin mining stock report: Thursday, July 14
Quick Take
- The trading session closed on Thursday with mixed results for bitcoin miners.
- Riot, Hut 8 and Digihost were some of the most well-performing stocks.
As bitcoin's price rose above $20,000 on Thursday, mining stocks showed mixed results by the end of the trading session.
Companies like Riot, Hut 8 and Digihost saw their stocks go up by 7.91%, 3.65% (on the Toronto Stock Exchange) and 3.64%, respectively.
Others fell on the stock market, including Cipher Mining, BIT Mining and Iris Energy — down 6.98%, 3.74% and 3.69%, respectively.
Bitcoin's price was around $20,600 at the time of publication, according to TradingView.
CleanSpark announced Thursday that it bought 1,061 rigs at a “substantially discounted price,” after announcing another large order just last month. The company's stock rose by 0.24% on Thursday.
Here's how crypto mining companies performed on Thursday, July 14:
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