What's Going On With Shares Of Bitcoin Miner Marathon Digital?
Portfolio Pulse from Adam Eckert
Shares of Marathon Digital Holdings (NASDAQ:MARA) are up over 30% this week amid a surge in the crypto market, led by Bitcoin and Ethereum. The crypto market is benefiting from positive developments such as the launch of EDX Markets, backed by Charles Schwab, Fidelity, and Citadel Securities, and BlackRock's application for the first spot Bitcoin ETF in the U.S.
June 22, 2023 | 12:51 pm
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Marathon Digital Holdings' shares are up over 30% this week due to the surge in the crypto market, driven by positive developments such as the launch of EDX Markets and BlackRock's Bitcoin ETF application.
Marathon Digital Holdings is a digital asset miner focused on the Bitcoin ecosystem. The recent surge in the crypto market, driven by the launch of EDX Markets and BlackRock's Bitcoin ETF application, has positively impacted the company's shares. As a result, MARA's stock price has increased by over 30% this week.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100