Why Marathon Digital Holdings Stock Popped Today
Portfolio Pulse from Ryan Gustafson
Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares traded higher after Cboe refiled Bitcoin ETF proposals. Cboe intends to collaborate with Coinbase to prevent market manipulation during the ETF launch process. MARA stock experienced above-average trading volume, with a 10.5% increase in share price.
July 03, 2023 | 6:47 pm
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MARA shares traded higher after Cboe refiled Bitcoin ETF proposals. The company's stock experienced above-average trading volume and a 10.5% increase in share price.
The refiling of Bitcoin ETF proposals by Cboe, who intends to collaborate with Coinbase, has led to an increase in MARA's share price. This news is directly relevant to MARA as it has resulted in above-average trading volume and a significant increase in share price.
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