Bitcoin mining stock report: Thursday, June 16

Bitcoin miners were largely down in the stock markets on Thursday.

Among the companies with the biggest losses were Digihost Technology (-12.70%), Cipher Mining (-11.18%) and Stronghold Digital Mining (-9.34% ).

Bitcoin miner CleanSpark announced that it had acquired 1,800 miners, taking advantage of the current beneficial market conditions. The company was up by +0.91% by the end of the trading session.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Bitcoin price was at around $20,500 at the time of publication — down by about 8.6%, according to TradingView.

Here's how crypto mining companies performed on Thursday, June 16:

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).