Bitcoin mining stock report: Thursday, June 23 by catarinalsm
Bitfarms, Hive Blockchain and Stronghold Digital Mining saw their stocks go up the most.Bitcoin price had again dipped below $20,000 on Wednesday but managed to stay above that line on Thursday. As of press time, it was priced at around $20,800, according to TradingView.Bitfarms was up by 9.58%, followed by Hive and Stronghold .
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.© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News.
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