Bitcoin mining firms ended the week of buying and selling on a excessive notice.
For the second day in a row, lots of the shares tracked by The Block closed within the inexperienced, with Northern Knowledge, Hut 8 and Riot posting the best recoveries, of +12.29%, +9.09% (on Nasdaq) and +7.58%, respectively.
Earlier Friday, BIT Mining announced its Q1 2022 results, with a 40.4% dip in income, totaling $296.7 million. The Chinese language firm’s inventory was up by +6.78% on Nasdaq by the tip of the buying and selling session.
Here is how crypto mining firms carried out on Friday, Could 27: