Most bitcoin mining stocks were down on Wednesday, as bitcoin’s price again dipped below $20,000.
As of press time, Bitcoin’s price was at around $19,800, according to TradingView.
Argo Blockchain fell 13.49% on the London Stock Exchange and -3.15% on Nasdaq, after seeing its stock rise the day before by 13.91% and 18.09%, respectively.
Riot, Cipher Mining and Iris Energy also had significant losses — 9.63%, 8.82% and 7.91%, respectively.
Bit Digital announced its first-quarter 2022 financial report. By the end of the trading session, its stock was down by 4.64%.
Here’s how crypto mining companies performed on Wednesday, June 22:
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