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Cryptocurrency Mining Cos. Shares Decline Alongside With Value of Bitcoin

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By Stephen Nakrosis

Shares of a number of cryptocurrency miners are decrease on Thursday, as the value of Bitcoin and different digital currencies declined.

At 3:31 p.m. ET, Bitcoin was down over 10% on the day, buying and selling at $35,755, based on FactSet. Bitcoin has misplaced about 47% since touching document highs final November.

At 3:18 p.m. ET, the American depositary receipts of BIT Mining Ltd. have been down 12.07%, at $1.53 every.

Shares of Riot Blockchain Inc. have been down 13.74% at 3:33 p.m., buying and selling at $9.98 per share.

Shares of Bit Digital Inc. have been down 11.67%, buying and selling at $2.00 every.

At 3:36 p.m. ET, shares of Marathon Digital Holdings Inc. had fallen 11.18% to commerce at $15.77 per share.

Shares of Cipher Mining Inc. have been down 11.31% at 3:37 p.m. ET, buying and selling at $2.90 every.

The Nasdaq was down 5.61% simply after 3:30 p.m. ET, whereas the DJIA had fallen 3.74% at the moment.

Write to Stephen Nakrosis at [email protected]


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