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Bitcoin mining stock report: Tuesday, July 19
UPDATED: July 20, 2022, 5:27PM EDT
<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
- Bitcoin mining stocks continued on an upward path on Tuesday.
- Marathon, TeraWulf, Stronghold Digital Mining and Bit Digital had some of the strongest performances.
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After a mostly positive start to the week of trading, bitcoin mining stocks continued in an upward direction on Tuesday, as bitcoin prices soared past $23,000.
As of press time, bitcoin's price was around $23,300, according to TradingView.
Marathon's stock shot up 32.17%, a day after the company announced that it entered into an agreement with a hosting provider to secure an additional 200 megawatts in power capacity.
TeraWulf went up 18.92%, followed by Stronghold Digital Mining (+18.89%) and Bit Digital (+16.18%).
Here's how crypto mining companies performed on Tuesday, July 19:
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