Bitcoin mining stock report: Thursday, June 2

Public Companies • June 2, 2022, 5:26PM EDT

Bitcoin miners faired better on the stock markets Thursday, with many recovering by a few percentage points.

Most notably, BIT Mining's stock was up by +12.44%, Cipher Mining's +11.78% and TeraWulf's +10.86%.

On the other end, Argo Blockchain fell by -4.81% on the London Stock Exchange, Digihost by -4.79% and Northern Data by -1.83%.

CleanSpark announced production updates in regards to the month of May on Thursday. It mined 312 BTC last month and held a total of 550 BTC as of May 31. The company's stock rose by +5.22% on Thursday.

Here's how crypto mining companies performed on Thursday, June 2:

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).