Bitcoin mining stock report: Tuesday, August 2

Most bitcoin mining companies were up in the stock market on Tuesday.

The coin was trading at around $23,000 by market close, according to TradingView.

Cipher Mining, Core Scientific and Hive Blockchain’s stocks were among the most well-performing, going up by 13.50%, 12.86% and 7.79% (on the Toronto Stock Exchange).

Marathon announced after market close on Monday that it secured an additional $100 million in credit from Silvergate Bank and refinanced an existing $100 million bitcoin-backed loan. The company’s stock was up by 5.62% on Tuesday.

Digihost’s stock fell by 1.56% after announcing plans to transfer part of its mining fleet from New York to a new Alabama site.

Here’s how crypto mining companies performed on Tuesday, August 2:

Source