Bitcoin’s 12% drop this week has shaken mining companies deeply. It’s been a tough week for mining stocks, which started selling in the pre-opening session after falling 10% early Friday. The least depreciating stock of the week was TeraWulf Inc. It lost 17.06%, outperforming the NDX by 14.68%.
NASDAQ
- TeraWulf Inc. 17.06% in decline It was the least depreciating stock of the week.
- BitDigital Inc. 17.46% in decline 1.56
- Argo Blockchain Inc. 20.32% in decline 4.98
- CleanSpark Inc. 22.92% in decline 4.64
- Cipher Mining Inc. 23.08% in decline 1.80
- Bitfarms Limited. 25.00% in decline 1.50
- Core Scientific Inc. 25.60% in decline 2.50
- HIVE Blockchain Limited 25.91% in decline 5.32
- DigiHost Inc. 26.39% in decline 1.06
- Greenidge Generation Holdings Inc. 26.92% in decline 3.04
- Riot Blockchain Inc. 26.99% in decline 7.25
- Hut8 Inc. 34.09% in decline 2.32
- Stronghold Digital Mining Inc. 39.25% in decline 1.95 level ended the week.
The average performance of mining companies listed on the Nasdaq was -25.46%. This performance was 23.08% lower than the NDX.
TSX
- Hut8 Inc. on the Canadian side 33.48% in decline 3 Ending the week in Canadian dollars least depreciating mining stock was the stock showing.
- HIVE Blockchain Limited 24.18% in decline 6.88
- BitFarms Limited 23.44% in decline 1.96 Canadian Dollars level closed.
LSE
- ARGO Blockchain, 15.91% week in decline £0.40 closed at the level.
ARGO Blockchain, the only company listed on the British stock exchange from the UK 100 Index 15.96% more low performed.