financetom
Business
financetom
/
Business
/
What's Going On With Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark?
Oct 2, 2024 11:31 PM

Bitcoin (CRYPTO: BTC) mining stocks Marathon Digital Holdings Inc , Riot Platforms Inc  and CleanSpark Inc are moving lower Monday alongside the price of Bitcoin.

What To Know: Bitcoin is down about 2.5% over the last 24 hours driving weakness in the broader crypto space and in crypto-related stocks. The move comes as Bitcoin has rallied in recent weeks after Bitcoin spot ETFs reported several consecutive days of positive fund flows. Bitcoin is up about 9% over the last month and is about 15% off all-time highs.

Bitcoin miners report mining metrics on a monthly basis. Marathon, Riot and CleanSpark ( CLSK ) are expected to report numbers for September this week.

Last month, Marathon said it mined 673 Bitcoin with an energized hash rate of 35.2 EH/s, Riot mined 322 Bitcoin with an average operating hash rate of 14.5 EH/s and CleanSpark ( CLSK ) mined 478 Bitcoin with an operating hash rate of 22.6 EH/s.

Marathon Digital engages in mining digital assets and focuses on the Bitcoin ecosystem. The stock was down 3.76% at $16.64 at publication time. 

Riot Blockchain is focused on building, supporting and operating blockchain technologies. Shares were down 3.44% at $7.57 Monday morning.

CleanSpark ( CLSK ) is an energy company that transitioned its expertise to focus on Bitcoin mining in 2020. CleanSpark ( CLSK ) shares were down 4.74% at $9.65 at the time of writing.

Check This Out: Benzinga Bulls And Bears: Apple, Tesla, Novo Nordisk, Bitcoin — And Shiba Inu’s Major Stablecoin Tease

$BTC Price Action: At the time of publication, Bitcoin was down 2.48% over a 24-hour period, trading around $64,000, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
South Star Battery Metals Sees FVF Stake Fall After Recent Private Placements
South Star Battery Metals Sees FVF Stake Fall After Recent Private Placements
Nov 18, 2025
05:14 PM EST, 11/18/2025 (MT Newswires) -- South Star Battery Metals ( STSBF ) recently completed a series of private placements that have increased its total number of shares, reducing the ownership of FVF Participacoes, acting on behalf of the Annapurna Investment Fund, to below 10%, FVF said Tuesday afternoon. FVF said it now controls 4.26-million shares, or about 5.09%...
BRIEF-Dream Residential REIT Announces Closing Of Acquisition By Morgan Properties
BRIEF-Dream Residential REIT Announces Closing Of Acquisition By Morgan Properties
Nov 18, 2025
Dream Residential Real Estate Investment Trust ( DRREF ): * DREAM RESIDENTIAL REIT ANNOUNCES CLOSING OF ACQUISITION BY MORGAN PROPERTIES Source text: Further company coverage: ...
Loandepot Insider Sold Shares Worth $3,249,771, According to a Recent SEC Filing
Loandepot Insider Sold Shares Worth $3,249,771, According to a Recent SEC Filing
Nov 18, 2025
04:42 PM EST, 11/18/2025 (MT Newswires) -- Anthony Li Hsieh, 10% Owner, Director, Executive Chair, CEO & President, on November 14, 2025, sold 1,300,000 shares in Loandepot ( LDI ) for $3,249,771. Following the Form 4 filing with the SEC, Hsieh has control over a total of 143,677 Class A common shares of the company, with 143,677 shares held directly....
Star Bulk Carriers Q3 Adjusted Earnings, Revenue Fall
Star Bulk Carriers Q3 Adjusted Earnings, Revenue Fall
Nov 18, 2025
05:13 PM EST, 11/18/2025 (MT Newswires) -- Star Bulk Carriers ( SBLK ) reported Q3 adjusted earnings late Tuesday of $0.28 per diluted share, down from $0.71 a year ago. Analysts polled by FactSet expected $0.33 Revenue for the three months ended Sept. 30 was $263.9 million, down from $344.3 million a year earlier. The company said it will pay...
Copyright 2023-2026 - www.financetom.com All Rights Reserved