Bitcoin mining companies tracked by The Block saw mixed results in the markets on Monday.
The coin rose above the $20,000 mark and reached $20,100 by the end of the trading session, according to data from TradingView.
HIVE Blockchain, Marathon and Hut 8 were among the companies that performed the best, with stocks going up by 9.93% (on Nasdaq), 4.05% and 3.73% (on the Toronto Stock Exchange), respectively.
SAI.TECH, on the other hand, fell by 8.87%.
Here’s how crypto mining companies performed on Monday, August 29:
© 2022 The Block Crypto, Inc. 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).
Source: https://www.theblock.co/post/166343/bitcoin-mining-stock-report-monday-august-29?utm_source=rss&utm_medium=rss