Bitcoin mining stocks were up on Wednesday, some by double digits, as the coin’s value temporarily surpassed $24,000.
At the time of market close, bitcoin’s price was around $23,7000, according to TradingView.
Hive Blockchain’s stock rose by 7.73% on Nasdaq, after the company announced earlier in the day that it hit a “record net income” of $79.6 million in the year ending March 2022.
Stronghold Digital Mining saw its stock rise by 50%, followed by Mawson Infrastructure Group (21.53%), Iris Energy (+14.90%) and Argo (+13.89%).
Here’s how crypto mining companies performed on Wednesday, July 20:
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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/158837/bitcoin-mining-stock-report-wednesday-july-20?utm_source=rss&utm_medium=rss