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Bitcoin mining stock report: Thursday, June 23


www.theblock.co 23 June 2022 21:17, UTC
Reading time: ~2 m

Bitfarms was up by 9.58%, followed by Hive (8.55%) and Stronghold (8.33%).

BIT Mining's stock fell by as much as 39.85%. The Hong Kong-headquartered miner announced Thursday that it would raise about $16 million by selling shares and warrants via a registered direct offering.

The company has entered into a deal with institutional investors which is expected to close June 27, per an announcement Thursday.

Here's how crypto mining companies performed on Thursday, June 23:

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