Bitcoin mining stock report: Tuesday, May 31

On Tuesday’s trading session, a mix of bitcoin mining companies saw their stocks rise and fall in the market.

After announcing the first closing in its acquisition of mining hardware company Bee Computing on Tuesday, BIT mining was up by +11.05% on Nasdaq.

Companies that saw their stocks drop on Tuesday include Hut 8 (-8.15% on the Toronto Stock Exchange), Hive Blockchain (-6.59%) and Core Scientific (-4.34% on Nasdaq).

Here’s how crypto mining companies performed on Tuesday, May 31: