Shares of crypto-related stocks are trading higher amid an increase in the price of Bitcoin.
Portfolio Pulse from Benzinga Newsdesk
Crypto-related stocks, including MARA and RIOT, are trading higher due to an increase in the price of Bitcoin.
September 28, 2023 | 6:14 pm
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POSITIVE IMPACT
Shares of Marathon Digital Holdings (MARA) are trading higher due to the increase in Bitcoin price.
As a digital asset technology company, Marathon Digital Holdings' performance is closely tied to the price of Bitcoin. The increase in Bitcoin price has led to a rise in MARA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shares of Riot Blockchain (RIOT) are trading higher due to the increase in Bitcoin price.
Riot Blockchain, a Bitcoin mining company, benefits from the increase in Bitcoin price. This has led to a rise in RIOT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100