QUICK TAKE
- As Bitcoin’s price climbed above $21,000, mining companies had a mostly positive day on the stock markets.
- Hive Blockchain, Bitfarms, Hut 8 and Bit Digital saw their stocks go up the most.
Bitcoin miners ended the week of trading on a high note, as Bitcoin’s price climbed back above $21,000.
Hive Blockchain’s stock rose 10.53% on Nasdaq and 9.55% on the Toronto Stock Exchange. Other companies that did well include Bitfarms (+8.70%), Hut 8 (+7.45%) and Bit Digital (+6.45%).
BIT Mining, which fell the day before by 39.85%, saw its stock go down further 3.46% on Friday.
Here’s how crypto mining companies performed on Friday, June 24: