Crypto mining stocks see massive gains amid Bitcoin rebound

Crypto mining stocks see massive gains amid Bitcoin rebound
фото показано с : coinjournal.net

2022-7-19 00:02

Marathon Digital Holdings and Hut 8 Mining were among the biggest daily gainers after double-digit rallies on Monday.

Bitcoin mining firms saw their stocks make huge moves on Monday following Bitcoin’s breakout to prices above $22,000.

The stocks of top Bitcoin (BTC) mining firms jumped as positivity around the crypto industry seeped into the sector. As BCT/USD rose to retest price levels above $22,200, the shares of top miners opened higher and ripped.

MARA leads gainers

Marathon Digital Holdings Inc. (MARA) rose to intraday highs of $10.97, outperforming Bitcoin as gains amounted to close to 36%. The stock however hit resistance and slipped below $10.00, although it still closed more than 21% higher at $9.76.

Another stock to see massive gains was Riot Blockchain Inc. (RIOT), which surged to intraday highs of $6.88 to accumulate over 23% in gains at the intraday peak. Despite cooling off into the close, RIOT stock still closed double digits in the green at $6.23 (+11.85%).

Shares of Bitfarms, Core Scientific Inc. and Hut 8 Mining Corp. also registered impressive gains at the start of the week. Hut 8 ended Monday’s session nearly 8.7% up, Core Scientific was 8.3% higher and Bitfarms managed +4%.

Coinbase (COIN) and MicroStrategy (MSTR) also registered significant gains, with the Coinbase stock closing more than 9% higher and MicroStrategy at +5%.

The post Crypto mining stocks see massive gains amid Bitcoin rebound appeared first on CoinJournal.

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

mining bitcoin crypto amid rebound gains see

mining bitcoin → Результатов: 126


Thai authorities bust Bitcoin mining farm in multi-million Baht electricity theft scandal

Authorities uncovered a massive Bitcoin mining scheme in Thailand, seizing nearly 1,000 machines. The operation strained Thailand’s power grid, echoing global concerns over crypto mining's enThe post Thai authorities bust Bitcoin mining farm in multi-million Baht electricity theft scandal appeared first on AMBCrypto.

2025-1-11 11:00


China Never Banned Bitcoin Mining, Researcher Reveals

In a striking revelation that challenges widely-held perceptions, Daniel Batten, a Bitcoin environmental impact analyst, disclosed that BTC mining was never officially banned in China. According to Batten’s research, despite widespread reports to the contrary, the so-called “ban” was actually a temporary suspension, and mining activities have largely resumed across the country. Bitcoin Mining Was […]

2024-6-7 10:00