Bitcoin mining stock report: Thursday, June 30

Quick Take

  • Most bitcoin mining stocks declined on Thursday, as Bitcoin’s price dipped below $19,000 multiple times.
  • Digihost Technology, Bit Digital and Marathon were some of the worst-performing stocks.

A majority of bitcoin miner stocks tracked by The Block fell on Thursday.

Digihost Technology, Bit Digital and Marathon fell by 9.73%, 9.03% and 7.93%, respectively.

Meanwhile, Cipher Mining, Iris Energy and Stronghold Digital Mining's stocks rose by 7.87%, 4.69% and 2.47%.

New York's Department of Environmental Conservation announced during the afternoon that it denied Greenidge's air permit renewal and the miner stated that it would challenge the decision and keep operations running in the meantime.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

The company's stock was down by 7.30% at the end of the trading session.

Here's how crypto mining companies performed on Thursday, June 30:


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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).