Most bitcoin mining stocks tracked by The Block traded lower on Monday, continuing a longer-term trend.
Bitcoin was trading at around $16,200 by market close, according to data from TradingView.
BTCUSD Chart by TradingView
TeraWulf’s stock fell 11.35%, after the company announced operational updates about cost-reducing initiatives. Mawson Infrastructure Group also fell 9.03%, followed by Bitfarms (-8.14%), Iris Energy (-8.11%).
Here’s how crypto mining companies performed on Monday, Nov. 28: