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Why Shares of CleanSpark, Riot Blockchain, and Hut 8 Mining Are Rising Today

Bram Berkowitz, The Motley Fool
·3-min read
Why Shares of CleanSpark, Riot Blockchain, and Hut 8 Mining Are Rising Today

Bitcoin mining stocks bounced today as the price of Bitcoin rebounded to around the $30,000 level after what has been an extraordinarily difficult week for the sector. As of 3:25 p.m. ET, shares of CleanSpark (NASDAQ: CLSK) traded nearly 24% higher, Riot Blockchain (NASDAQ: RIOT) gained nearly 10%, and Hut 8 Mining (NASDAQ: HUT) was up roughly 14%. Bitcoin finally stopped its downward plunge today after what has been a difficult week in which the world's largest cryptocurrency briefly fell below $26,000.

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