Bitcoin mining report: TeraWulf, Core Scientific among top performers

Quick Take

  • Share prices for bitcoin miners split almost down the middle in terms of performance, while bitcoin fell slightly.
  • TeraWulf, Core Scientific and BIT Mining were among the best-performing stocks.

Bitcoin mining stocks tracked by The Block showed mixed results on Friday, with about half trading up and the other half down.

Bitcoin prices fell slightly to around $17,100 by market close, according to data from TradingView.

BTCUSD Chart by TradingView

Shares of Argo Blockchain, which trades both on the London Stock Exchange and Nasdaq, were temporarily suspended on Friday by the UK Financial Conduct Authority, according to Morningstar.

The company announced its November operational update Friday, having stated in October that it could "become cash flow negative in the near term" and "need to curtail or cease operations."

TeraWulf's stock rose by 17.48%, followed by Core Scientific (+5.95%) and BIT Mining (+3.26%).

Here's how crypto mining companies performed on Friday, Dec. 9:


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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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