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Share prices for most bitcoin miners fell in the markets on Friday.
TeraWulf, Argo and Iris Energy were among the most poorly performing stocks.
Share prices for most bitcoin miners fell
Most bitcoin mining stocks tracked by The Block trended downward on Oct.8.
BTC fell below $20,000 in the morning, trading at around $19,500 by market close, according to data from TradingView.
The most poorly performing stocks
TeraWulf was down by 23.60%, followed by Argo Blockchain (-23.02% on Nasdaq), which said earlier in the morning that it plans to raise $34 million.
Iris Energy was down 15.68% after announcing in its monthly operational update that it is looking at “potential M&A” opportunities.
Notably over the week, SAI.TECH’s stock rose 78.93%.
Here’s how crypto mining companies performed on Friday, Oct. 7:
An overview of how miners fared over the week of trading:
Source: theblock.co
>>> Related: After four consecutive increases, Bitcoin mining difficulty has decreased by 2.14%
