Bitcoin mining stock report: Thursday, August 4
Quick Take
- Most bitcoin mining companies saw their stocks fall on Tuesday, as the coin’s value fell below $23,000.
- SAI.TECH and Core Scientific’s stocks were down by double digits.
Most bitcoin mining stocks posted losses during Thursday's trading session, as bitcoin's value fell below $23,000.
The coin was trading at around $22,500 at the time of publication, according to data from TradingView.
SAI.TECH and Core Scientific's stocks were down by double digits — 11.57% and 10.54%, respectively.
Other companies, like Argo and Cipher Mining, still saw their stocks rise by 4.88% (on the London Stock Exchange) and 4.48%, respectively.
The bitcoin mining network difficulty recovered by 1.74% according to the latest update on Thursday.
Here's how crypto mining companies performed on Thursday, August 4:
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