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Ecosystems•August 9, 2022, 6:19PM EDT

Bitcoin mining companies saw their stocks fall on Tuesday as the coin’s value dropped close to $23,100.
Stronghold, SAI.TECH and Mawson Infrastructure Group posted significant losses.

Most bitcoin stocks declined on Tuesday, as the coin's value fell closer to the $23,000 mark.

Bitcoin was priced at around $23,100 at market close, according to data from TradingView.

Stronghold's stock fell by 10.25%, followed by SAI.TECH (-9.78%) and Mawson Infrastructure Group (-8.19%).

CleanSpark posted $29.3 million net losses in its most recent quarter ending in June and announced that it is exiting the energy business. The company also said that it acquired a 36-megawatt mining facility in Georgia. The miner was down by 5.26% at the end of the trading session

Cipher Mining's stock rose 2.36% after the miner announced in the morning that it completed a 40-megawatt wind-powered site in Texas.

Here's how crypto mining companies performed on Tuesday, August 9: