Bitcoin mining stock report: Tuesday, September 6

Quick Take

  • Bitcoin mining companies saw their stock prices go down on Tuesday.
  • Cipher Mining, Hive Blockchain, Argo and TeraWulf were among the most underperforming stocks.

Most bitcoin mining stocks fell on Tuesday as the coin's value dipped below $19,000.

Bitcoin was trading at around $18,800 at market close, according to data from Trading View.

Cipher Mining's stock fell 13.87%, followed by Hive Blockchain's (-11.06% on Nasdaq), which announced in its August mining update that it is testing other coins to mine besides Ethereum after The Merge.

THE SCOOP

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Here's how crypto mining companies performed on Tuesday, Sept. 6:


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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).