Bitcoin mining stock report: Friday, June 3

Bitcoin • June 3, 2022, 4:36PM EDT

Most Bitcoin mining companies ended the week on a low note.

Iris Energy's stock fell by 9.40%, Core Scientific's by 8.55% and Cipher Mining's by 8.55%.

Riot announced after the markets closed on Thursday that it mined 466 BTC and sold about 250 BTC in May, generating net proceeds of approximately $7.5 million.

The company currently has a deployed fleet of 43,458 miners, with a hash rate capacity of 4.6 exahash per second.

Riot's stock was down by about 9.61% at the end of Friday

Here's how crypto mining companies performed on Friday, June 3:

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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).