Bitcoin mining stock report: Thursday, August 4

Quick Take

  • Most bitcoin mining companies saw their stocks fall on Tuesday, as the coin’s value fell below $23,000.
  • SAI.TECH and Core Scientific’s stocks were down by double digits.

Most bitcoin mining stocks posted losses during Thursday's trading session, as bitcoin's value fell below $23,000.

The coin was trading at around $22,500 at the time of publication, according to data from TradingView.

SAI.TECH and Core Scientific's stocks were down by double digits — 11.57% and 10.54%, respectively.

Other companies, like Argo and Cipher Mining, still saw their stocks rise by 4.88% (on the London Stock Exchange) and 4.48%, respectively.

The bitcoin mining network difficulty recovered by 1.74% according to the latest update on Thursday.

Here's how crypto mining companies performed on Thursday, August 4:

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