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Bitcoin mining stock report: Thursday, September 29
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://www.theblockcrypto.com/" target="_blank">The Block</a></span></span></span>
Quick Take
- Share prices for most bitcoin miners fell in the markets on Tuesday.
- SAI.TECH, Core Scientific, Digihost Technology and Cipher Mining were among the most underperforming stocks.
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Most bitcoin mining stocks tracked by The Block trended downward on Thursday.
Bitcoin sunk below $18,000 in the morning but rallied throughout the rest of the day, trading at around $19,400 during market close, according to data from TradingView.
SAI.TECH's stock fell by 26.14%, followed by Core Scientific (-10.34%), Digihost Technology (-9.34%) and Cipher Mining (-8.96%).
A new bitcoin miner may soon be added to this report, as Rhodium plans to go public via a merger deal with SilverSun Technologies, months after delaying its IPO.
Here's how crypto mining companies performed on Thursday, Sept. 29:
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