CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Seeking Alpha 2021-10-12 14:04:36

Hut 8 Mining stock, other crypto miners slip as bitcoin take a breather

Hut 8 Mining (HUT -2.4%) shares decline in early trading as the world's most popular digital token, bitcoin (BTC-USD -0.6%), as well as other cryptocurrencies hit pause after a strong start to Q4. HUT shares fall behind bitcoin (BTC-USD) on a M/M basis, but still outperforms the token by roughly 880 percentage points on a Y/Y basis, according to the chart below. The stock is about 22% off its all-time high of $13 per share from Feb. 22 of this year. The company mined 264 bitcoins in September with total BTC balance held in reserve standing at 4,724 as of Sept. 30; it's ahead of schedule to have more than 5K self-mined bitcoin by the end of Q4. This compares with its August production of 326 bitcoins. Some other crypto miners that are also falling amid crypto's stall includes: Riot Blockchain (RIOT -2.8%), Marathon Digital (MARA -2.7%), Bit Digital (BTBT -5.2%),

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约