Bitcoin mining stock report: Tuesday, September 13

Ecosystems•September 13, 2022, 4:29PM EDT
Bitcoin mining stock report: Tuesday, September 13

Quick Take

  • Most bitcoin miners saw their stocks fall Tuesday, after Bitcoin’s price plunged.
  • Hut 8, Stronghold Digital Mining, Core Scientific and Bitfarms were among the most underperforming stocks.
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Most of the bitcoin mining stocks tracked by The Block were down on Tuesday as the coin plunged from $22,700 in the morning, following the news that U.S. inflation rose 8.3% year-on-year, above estimates.

Bitcoin was trading at roughly $20,300 at closing time, according to data from TradingView.

Hut 8's stock fell by 15.42% on Nasdaq, followed by Stronghold Digital Mining (-12.65%), Core Scientific (-11.45%) and Bitfarms (-11.35% on Nasdaq).

Here's how crypto mining companies performed on Tuesday, Sept. 13:

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