Bitcoin mining report: Stocks tumble as Core Scientific files for bankruptcy

Business•December 21, 2022, 4:28PM EST
Bitcoin mining report: Stocks tumble as Core Scientific files for bankruptcy

Quick Take

  • Share prices for most Bitcoin miners fell on Wednesday.
  • Bitcoin fell to a little under $16,800.
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Most Bitcoin mining stocks tracked by The Block declined on Wednesday, as Core Scientific filed for Chapter 11 bankruptcy protection.

Bitcoin was up and trading a bit under $16,800 by market close, according to data from TradingView.

BTCUSD Chart by TradingView

Here's how crypto mining companies performed on Wednesday, Dec. 21: