ICYMI: Bitcoin mining stock report: Wednesday, May 11
Hive Blockchain's stock fell over 20% on Wednesday, following an announcement the company plans toAfter posting results on their most recent quarter Tuesday, CleanSpark, Riot and Cipher were also down on the markets by -11.93%, -9.16% and -5.23%, respectively.
These market moves occurred against the backdrop of continued volatility in equities markets. The Nasdaq Composite closed Wednesday's trading session down 3.18%. Bitcoin — which makes up a significant portion of some miners' assets — has seen its value temporarily dip below the $30,000 mark since the start of the week. Bitcoin is trading atHere is a look at how other crypto mining companies fared in the markets on Wednesday, May 11:
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