Bitcoin mining stock report: Tuesday, July 12

Mining • July 12, 2022, 5:22PM EDT
The Block

Quick Take

  • Most bitcoin mining stocks went down on Tuesday as the coin fell below $20,000.
  • TeraWulf, Iris Energy and BIT Mining were the most underperforming stocks.

With Bitcoin prices falling below $20,000 on Tuesday, mining companies were down on the stock market as well.

TeraWulf fell 8.61%, followed by Iris Energy (-7.45%) and BIT Mining (-7.17%). A few companies did see some gains, including Digihost (+3.81%).

Bitcoin's price was close to $19,470 at the time of publication, according to TradingView.

Here's how crypto mining companies performed on Tuesday, July 12:


© 2024 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).

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