Mining stock report: Monday, December 5

Quick Take

  • Share prices for most bitcoin miners declined on Monday.
  • TeraWulf, Marathon Digital, Hut 8 and Northern Data were among the worst-performing stocks.

Most bitcoin mining stocks tracked by The Block traded lower on Monday, with a couple of of firms seeing double-digit declines.

Bitcoin was trading at around $16,900 by market close, according to data from TradingView.

BTCUSD Chart by TradingView

RELATED INDICES

TeraWulf led the declines with shares falling 12.6%. It was followed by Marathon Digital Holdings (-11.1%), Hut 8 Mining (-8.8%) and Northern Data (-8.7% ).

Here's how crypto mining companies performed on Monday, Dec. 5:

 


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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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