Bitcoin mining stock report: Wednesday, September 7

Bitcoin • September 7, 2022, 4:39PM EDT
  The Block

Quick Take

  • Most bitcoin mining stocks rose Wednesday as bitcoin pushed back above $19,000.
  • SAI.TECH, Digihost, CleanSpark and Bitfarms were among the most well-performing stocks.

Most bitcoin mining stocks rose after bitcoin turned higher.

The coin had fallen below the $19,000 mark on Tuesday, but is back up above that level, according to TradingView. 

CleanSpark was up by 7.6% after announcing earlier in the morning that it acquired 10,000 new ASICs at a "significantly discounted" price on top of the over 6,200 rigs it previously bought between June and August.

SAI.TECH was up by 16%, followed by Digihost (7.8%) and Bitfarms (7.4% on the Toronto Stock Exchange).

Here's how crypto mining companies performed on Wednesday, Sept. 7


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