Bitcoin mining stock report: Wednesday, September 21

Bitcoin • September 21, 2022, 4:47PM EDT
The Block

Quick Take

  • Most bitcoin mining stocks rose but almost as many fell in the markets on Wednesday.
  • Bitcoin’s price fell back to $19,000 after the U.S. Federal Reserve increased interest rates by 75 basis points.

A majority of mining companies trended upward Wednesday, although nearly just as many traded lower.

Bitcoin's price reached $22,500 earlier in the day but sunk below $19,000 after the news that the U.S. Federal Reserve increased interest rates by 75 basis points.

Mawson Infrastructure Group's stock rose 10.26%, followed by TeraWulf (+7.41%) and Marathon (+5.75%).

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Meanwhile, Argo fell -8.47% on the London Stock Exchange, followed by Stronghold Digital Mining (-5.98%) and CleanSpark (-3.26%).

Here's how crypto mining companies performed on Wednesday, Sept. 21:


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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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