Bitcoin mining report: TeraWulf shares up 27% as stocks rally

Crypto Infrastructure • December 8, 2022, 4:40PM EST
The Block

Quick Take

  • Share prices for most bitcoin miners trended up on Thursday.
  • TeraWulf, SAI.TECH and Mawson Infrastructure Group were among the best-performing stocks.

Most mining stocks tracked by The Block rose on Thursday, following bitcoin's upward trajectory.

The coin was trading at around $17,200 by market close, according to data from TradingView.

BTCUSD Chart by TradingView

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Shares of TeraWulf went up by 27.13%, followed by SAI.TECH (+13.21%) — which announced results for the first six months of the year — and Mawson Infrastructure Group (+6.89%).

Here's how crypto mining companies performed on Thursday, Dec. 8:


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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).

Editor

To contact the editors of this story:
Madhu Unnikrishnan at
[email protected]
Nathan Crooks at
[email protected]