Bitcoin mining stock report: Friday, October 21

Business•October 21, 2022, 4:58PM EDT
Bitcoin mining stock report: Friday, October 21

Quick Take

  • Share prices for most bitcoin miners fell in the markets on Friday.
  • Cipher, Stronghold Digital Mining, Northern Data and Argo Blockchain were among the most poorly performing stocks.
  • Bitcoin mining stocks also fell over the course of the week.
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Most bitcoin mining stocks tracked by The Block trended downward on Friday.

The coin was trading at around $19,200 by market close, according to data from TradingView.

BTCUSD Chart by TradingView

Cipher's stock fell 9.46%, followed by Stronghold Digital Mining (-7.48%), Northern Data (-7.13%) and Argo Blockchain (-5.79% on the London Stock Exchange).

Bitcoin mining stocks also fell over the course of the week — Argo Blockchain by 21.38% on the London Stock Exchange and Northern Data by 20.29%.

Here's how crypto mining companies performed on Friday, Oct. 21:

An overview of how miners fared over the week of trading:

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