Most bitcoin mining stocks tracked by The Block traded lower on Monday, some by double digits.
Bitcoin was trading at around $15,800 by market close, according to data from TradingView.
BTCUSD Chart by TradingView
Iris Energy fell 17.99% after the company said that it unplugged a large majority of its miners in response to a default notice on about $107.8 million in loans.
Marathon’s shares fell by 17.14%, followed by Bitfarms (-15.38% on Nasdaq) and TeraWulf (-13.36%).
Here’s how crypto mining companies performed on Tuesday, Nov. 21:
© 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.
This article has been originally published at: https://www.theblock.co/post/188872/bitcoin-mining-stock-report-monday-november-21