Bitcoin mining report: TeraWulf's stock tumbles 33% Digihost more than 11%
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.
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.
Digihost's stock also fell by -11% while CleanSpark's rose 7.9%.
Here's how crypto mining companies performed on Monday, Dec. 12:
© 2024 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.