What's Going On With Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark?
Portfolio Pulse from Adam Eckert
Bitcoin mining stocks Marathon Digital, Riot Platforms, and CleanSpark are declining as Bitcoin's price drops by 2.5%. Despite recent gains, Bitcoin miners are expected to report September metrics this week. Marathon, Riot, and CleanSpark's stocks are down 3.76%, 3.44%, and 4.74% respectively.
September 30, 2024 | 1:15 pm
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NEGATIVE IMPACT
CleanSpark's stock is down 4.74% as Bitcoin's price drops by 2.5%. The company is set to report September mining metrics this week.
CleanSpark's stock is influenced by Bitcoin's price fluctuations. The recent decline in Bitcoin has led to a decrease in CleanSpark's stock. The forthcoming mining metrics report could further impact the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Marathon Digital's stock is down 3.76% as Bitcoin's price declines by 2.5%. The company is expected to report September mining metrics this week.
Marathon Digital's stock is closely tied to Bitcoin's price movements. The recent decline in Bitcoin has led to a drop in Marathon's stock. Upcoming mining metrics could further influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Riot Platforms' stock is down 3.44% following a 2.5% drop in Bitcoin's price. The company will report September mining metrics this week.
Riot Platforms' stock is affected by Bitcoin's price changes. The recent decrease in Bitcoin has negatively impacted Riot's stock. The upcoming release of mining metrics could further affect the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80