Bitcoin mining stock report: Tuesday, August 23

Mining • August 23, 2022, 4:45PM EDT
The Block

Quick Take

  • Most miners recovered in the stock markets on Tuesday.
  • HIVE Blockchain, Marathon and Bitfarms were among the stocks that performed the best.

Most bitcoin mining stocks recovered in the stock market on Tuesday as the coin value rose slightly.

Bitcoin was trading at approximately $21,500 at market close, according to data from TradingView.

HIVE Blockchain's stock went up by 10.75% on Nasdaq, followed by Marathon (+6.03%) and Bitfarms (+5.07% on Nasdaq). On the other side, Mawson Infrastructure fell by 10.81%, Digihost by 6.20% and Cipher Mining by 3.47%.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Here's how crypto mining companies performed on Tuesday, August 23:


© 2023 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).

More by Catarina Moura