BTCM Bit Mining Limited

By Chris Wack

Riot Blockchain Inc. shares fell 12% to $8.41 as the price of Bitcoin and other digital currencies dropped.

Shares of Marathon Digital Holdings were also down, falling 10% to $13.52 in midmorning trade.

Bit Digital Inc. shares were down 10% to $1.72, and BIT Mining Ltd. was down 8% to $1.36.

Cryptocurrencies were led lower by a drop in Bitcoin, which was down 5% at 10:25 a.m. ET at $32,795.37. Ethereum was down 5% to $2,387.12, and Litecoin was down 7% to $86.86.

Bitcoin Cash was down 7% to $243.22.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

May 09, 2022 10:52 ET (14:52 GMT)

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