Bitcoin mining report: TeraWulf's stock tumbles 33% Digihost more than 11%

Crypto Infrastructure • December 12, 2022, 4:30PM EST
The Block

Quick Take

  • Share prices for most bitcoin miners fell.
  • TeraWulf and Digihost were among the worst-performing stocks.

Most bitcoin mining stocks tracked by The Block declined on Monday, though half a dozen were higher.

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

BTCUSD Chart by TradingView

TeraWulf's shares were down more than 33% after the company said that it increased its hashrate guidance for early 2023 by 16% and raised $10 million to pay down a convertible promissory note.

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Digihost's stock also fell by -11% while CleanSpark's rose 7.9%. 

Here's how crypto mining companies performed on Monday, Dec. 12:


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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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