Most bitcoin mining stocks tracked by The Block trended downward on Thursday.
The coin, which had been mostly trading at around $19,200 for the past two days, dipped slightly to $19,000, according to data from TradingView.
Digihost Technology’s stock fell 11.06%, followed by Argo Blockchain (-8.28% on Nasdaq), Iris Energy (-6.08%) and SAI.TECH (-4.62%).
Northern Data, on the other side, saw its stock rise by 8.79%, followed by Core Scientific (+4.61%), which filed a document with the U.S. Bankruptcy Court for the Southern District of New York Wednesday evening seeking bankrupt Celsius Mining to pay “overdue” utility charges.
Here’s how crypto mining companies performed on Thursday, Oct. 20:
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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).
Source: https://www.theblock.co/post/178792/bitcoin-mining-stock-report-thursday-october-20?utm_source=rss&utm_medium=rss