Bitcoin mining stock report: Friday, August 19

Quick Take

  • Bitcoin mining companies saw their stocks fall by double digits on Friday.
  • Over the week several companies lost over 20% of their stock value, with BIT Mining’s share price falling just over 50%.

Most bitcoin mining stocks fell by double digits on Friday as bitcoin's price dropped below $22,000.

The coin was trading at around $21,400 at market close, compared to$23,400 the day before.

HIVE Blockchain's stock was down by 16.00% on the Toronto Stock Exchange, followed by Marathon (-15.46%) Mawson Infrastructure Group (-14.74%), and Core Scientific (-14.09%). 

CleanSpark was down by 10.60%, after announcing that it closed on the acquisition of a site in Georgia initially reported last week.

Here's how crypto mining companies performed on Friday, August 19:

An overview of how miners fared over the week of trading:


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