Bitcoin mining stock report: Wednesday, November 16

Markets • November 16, 2022, 5:35PM EST
The Block

Quick Take

  • All but two bitcoin mining stocks tracked by The Block traded down on Wednesday. 

The majority of bitcoin mining stocks tracked by The Block traded down today. 

Core Scientific and Marathon Digital were the two biggest losers on Wednesday. Both bitcoin miners declined over 12.5% throughout the day. 

Elsewhere, Mawson Infrastructure Group and SAI.TECH bucked the downtrend, adding 2.56% and 3.77%, respectively.

Bitcoin was trading at $16,545 at the close of trading, according to TradingView. The leading cryptocurrency by market cap shed a little under 2% during the day. 

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Here's how crypto mining companies performed on Wednesday, Nov. 16:


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About Author

Adam Morgan is a reporter covering cryptocurrency, financial markets, and economics – anything from price movements, earnings reports, and inflation to the U.S. Federal Reserve interest rate decisions and everything in between. Adam is based in London.

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