BTCM Bit Mining Limited

By Stephen Nakrosis

Shares of several bitcoin miners and cryptocurrency companies were trading lower on Tuesday, as the price of bitcoin saw a decline during the day.

At 3:21 p.m. ET, the price of bitcoin was down over 10%. The cryptocurrency was trading at $20,065, according to FactSet. In November, a single bitcoin was fetching around $68,000.

At 3:32 p.m. ET, shares of Bitfarms Ltd. were down 10.3% on the Nasdaq, trading at $1.26. On the Toronto stock exchange, the stock was down 10% at 3:08 p.m., trading at C$1.67.

At 3:25 p.m. ET, shares of Marathon Digital Holdings Inc. were trading 9.88% lower at $13.01.

At 3:26 p.m. ET, shares of Riot Blockchain Inc. had fallen 9.21% to trade at $7.69.

Shares of Bit Digital Inc. were down 8.33% at 3:26 p.m. ET, trading at $1.43.

At 3:33 p.m. ET, the American depositary receipts of Bit Mining Ltd. were down 5.51% to 38 cents.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

September 13, 2022 15:57 ET (19:57 GMT)

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