Antminer S19 bitcoin miners shipping, packed
Antminer S19 bitcoin miners waiting to be unwrapped and plugged in

Bitcoin Mining Stock Update (June 3, 2022)

Bitcoin mining stocks continue to face tough macro and mining economic conditions.

Colin Harper
Colin Harper

There have been numerous reports of miners such as Riot, Core Scientific, and Argo beginning to trim their HODL to shore up their balance sheets and prepare for what may be a long bear market. This is no doubt putting pressure on an already depressed BTC price.

Bitcoin mining stocks, weekly leaders May 30 - June 3, 2022
Bitcoin mining stocks, weekly leaders May 30 - June 3, 2022
Bitcoin mining stocks, weekly laggards May 30 - June 3, 2022
Bitcoin mining stocks, weekly laggards May 30 - June 3, 2022

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