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Bitcoin mining stock report: Friday, July 1
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://www.theblockcrypto.com/" target="_blank">The Block</a></span></span></span>
Quick Take
- As the week of trading came to an end, many bitcoin miners recovered on the stock market.
- Iris Energy, Argo, BIT Mining and Mawson Infrastructure Group were the more well-performing stocks.
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Multiple bitcoin miners posted recoveries on the stock market after a week mostly of losses.
As of press time, bitcoin's price was roughly $19,450, per Coinbase data.
Iris Energy's stock rose by 7.46%, followed by Argo (+6.65% on Nasdaq), BIT Mining (+5.74%) and Mawson Infrastructure Group (+5.50%).
Bitfarms was down 4% on the Toronto Stock Exchange and 1.79% on Nasdaq after announcing results from June's mining operations. Mining revenues were down by around 40% month-over-month.
Here's how crypto mining companies performed on Friday, July 1:
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