Bitcoin mining stock report: Thursday, June 21

Quick Take

  • Most mining stocks went up on Thursday.
  • Riot, Marathon, Hut 8 and Bit Digital had the strongest performances.

A majority of bitcoin mining stocks tracked by The Block went up on Thursday, while others saw their value decrease.

After dipping below $23,000 earlier in the day, bitcoin's price went back up to around $23,200 by the end of the trading session, according to TradingView.

Riot's stock rose by 8.55%, followed by Marathon (+8.18%), Hut 8 (+5.61% on Nasdaq) and Bit Digital (+3.13%).

Core Scientific announced Thursday that it closed a deal with financial services firm B. Riley for the sale of $100 million in common stock.

“Securing access to additional capital during adverse market conditions enhances our liquidity and expands our strategic optionality,” said Mike Levitt, Core Scientific CEO.

The company's stock fell by 0.99% on Thursday.

Here's how crypto mining companies performed on Thursday, June 21:


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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).