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.

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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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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).

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