Bitcoin mining stock report: Monday, November 28

Crypto Infrastructure • November 28, 2022, 5:06PM EST
The Block

Quick Take

  • Share prices for most bitcoin miners went down Monday.
  • TeraWulf, Mawson Infrastructure Group, Bitfarms and Iris Energy were among the worst-performing stocks.

Most bitcoin mining stocks tracked by The Block traded lower on Monday, continuing a longer-term trend. 

Bitcoin was trading at around $16,200 by market close, according to data from TradingView.

BTCUSD Chart by TradingView

TeraWulf's stock fell 11.35%, after the company announced operational updates about cost-reducing initiatives. Mawson Infrastructure Group also fell 9.03%, followed by Bitfarms (-8.14%), Iris Energy (-8.11%).

Here's how crypto mining companies performed on Monday, Nov. 28:


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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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