What's Going On With Bitcoin Mining Stocks Tuesday?

Benzinga
02-04

Bitcoin BTC/USD mining stocks are volatile Tuesday after multiple miners released operational updates for January. Here’s what you need to know.

What To Know: Riot Platforms Inc RIOT announced it mined 527 bitcoin in January, up 2% month-over-month from the 516 mined in December.

Riot held a total of 18,221 bitcoin as of the end of January. Riot's average deployed hashrate was 33.5 EH/s last month, while its average operational hashrate climbed to 29.3 EH/s.

CleanSpark Inc CLSK mined 626 bitcoin in January, down from 668 bitcoin mined in December. The company held 10,556 total bitcoin as of Jan. 31.

CleanSpark’s average hashrate throughout January was 34.76 EH/s. The company ended the period with an operating hashrate of 40.1 EH/s.

MARA Holdings Inc MARA mined 750 bitcoin in January, down about 13% from 865 Bitcoin mined in December. The company held a total of 45,659 bitcoin as of the end of the month.

MARA Holdings had a total energized hashrate of 53.2 EH/s as of Jan. 31.

Bitcoin mining stocks traded lower to start the week as broader crypto markets fell following U.S. President Donald Trump's move to place tariffs on Canada, Mexico and China. Bitcoin mining stocks were moving in different directions at last check Tuesday.

MARA, RIOT, CLSK Price Action: MARA Holdings shares were down 0.52% at $17.85, Riot shares were up 0.56% at $12.06 and CleanSpark shares were up 1.73% at $10.81 at the time of publication, according to Benzinga Pro.

Read Next:

  • Bitcoin Rally Stalls Around $99,000, Ethereum, XRP Struggle As China Imposes Retaliatory Tariffs

Photo: Shutterstock.

$BTCBitcoin
$99687.28-1.75%
Overview
CLSKCleanspark Inc
$10.731.32%
MARAMARA Holdings Inc
$17.80-0.84%
RIOTRiot Platforms Inc
$11.94-0.40%
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