Bitcoin mining stock report: Friday, June 24

Mining • June 24, 2022, 4:52PM EDT
The Block

Quick Take

  • As Bitcoin’s price climbed above $21,000, mining companies had a mostly positive day on the stock markets.
  • Hive Blockchain, Bitfarms, Hut 8 and Bit Digital saw their stocks go up the most.

Bitcoin miners ended the week of trading on a high note, as Bitcoin's price climbed back above $21,000.

Hive Blockchain's stock rose 10.53% on Nasdaq and 9.55% on the Toronto Stock Exchange. Other companies that did well include Bitfarms (+8.70%), Hut 8 (+7.45%) and Bit Digital (+6.45%).

BIT Mining, which fell the day before by 39.85%, saw its stock go down further 3.46% on Friday.

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Here's how crypto mining companies performed on Friday, June 24:


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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).

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