Hut 8 Mining Shares Lead Crypto Miner Rally
By Dean Seal
Shares of Hut 8 Mining are leading a rally of cryptocurrency miners' stocks.
The stock is up 19.6% at $2.75 in the midday session on Tuesday. Shares have tripled since the start of the year as prices for digital assets lifted off from multi-year lows and have been rising in recent days.
Bit Digital shares were up 13.4% at $3.81.
Bitfarms shares rose 14.1% to $1.34.
Marathon Digital Holdings shares climbed 8.5% to $10.83.
Cleanspark shares were up 9.3% at $4.24.
Riot Blockchain shares were up 4.3% at $10.85.
Bitcoin, the largest cryptocurrency by market capitalization, has risen 7.2% in the past five days and is up more than 2% in midday trading.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
June 20, 2023 13:39 ET (17:39 GMT)
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