Bitcoin mining stock report: Wednesday, June 29

Quick Take

  • Most bitcoin mining stocks declined on Tuesday.
  • TeraWulf, Stronghold Digital Mining, Marathon and Core Scientific were among the worst-performing stocks on the day.

Bitcoin mining stocks were once again down on Wednesday, with some falling around 10% by the end of the trading session.

Bitcoin's price dipped below $20,000 during the early hours of Wednesday but has since recovered. It was around $20,100 at press time, according to TradingView.

TeraWulf's fell by 15.75%, while Stronghold Digital Mining, Marathon and Core Scientific saw their stocks decrease by 10.50%, 9.80% and 9.68%.

On the other side, Iris Energy was up by 3.23% and SAI.TECH by 3.08%.

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Here's how crypto mining companies performed on Wednesday, June 29:


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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).