Bitcoin mining stock report: Tuesday, July 26

Bitcoin mining companies were down in the stock market on Tuesday afternoon, as bitcoin’s value fell below $21,000.

The coin was trading at around $20,900 at market close.

TeraWulf, Bit Digital and Marathon’s stocks fell by 14.10%, 13.53% and 12.62%, respectively.

Core Scientific was down by 7.65% after announcing earlier in the day that it closed a deal to host 75 megawatts worth of power capacity, which will bring in  $50 million per year in revenue.

Elsewhere in the market, the stock price of crypto exchange Coinbase fell more than 20%. 

Here’s how crypto mining companies performed on Tuesday, July 26:

Source