Bitcoin mining stock report: Wednesday, May 25

Mining • May 25, 2022, 4:58PM EDT
theblock

Some bitcoin miners' stocks fell further down Wednesday, while others rose back up.

BIT Mining Limited and Iris Energy Limited jumped up by +5.65% and +4.93%, respectively, while Mawson Infrastructure Group fell by as much as -10.64%.

Argo Blockchain saw its stock both rise on Nasdaq by +4.63% and fall on the London Stock Exchange by -1.10%, following an early morning announcement that CEO Peter Wall had exercised options over 430,000 shares at £0.070 each.

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The company also disclosed that CFO Alex Appleton bought 39,415 shares at £0.4974 each, among a couple of other employees.

Here's how crypto mining companies performed on Wednesday, May 25:

About Author

Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).

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