Tag Archives: marathon digital

U.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings report and has beaten analyst predictions by a good margin. Paradoxically, Marathon’s stock price dipped shortly after the announcement. This is, however, likely a temporary blip. Stunning Financial Results Although Marathon Digital was not necessarily in trouble last year, the crypto winter definitely put a bit of a damper on its plans, as did the SEC, who targeted the firm among a slew...

CoinspeakerCrypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T Multiple crypto stocks jumped in premarket following Bitcoin's continuous rise past the $51,000 mark as ETFs receive large inflows. Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T

Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market. In the last 24 hours, Marathon Digital Holdings Inc (NASDAQ: MARA) has witnessed a remarkable 105 million shares in trading volume, surpassing established blue-chip stocks such as Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Amazon.com Inc (NASDAQ: AMZN), according to data from Yahoo Finance. Marathon Digital Shares Records Rising...

Recent reports demonstrate that Marathon Digital has been eager to expand its business. The stock of Bitcoin mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has so far seen remarkable growth in 2023. This follows after it surged 628.82% since January 1 to bring its current price to $26.47 on MarketWatch. Although the stock price shows a major decline from its all-time high of $166.40, it also indicates an appreciable gain over the last 12 months. The rise of MARA, however,...

With the Bitcoin mining landscape gaining steam, the competition is heating up and the most positioned miners will be the biggest beneficiaries moving forward. Today the price of Bitcoin (BTC) is down. The major crypto asset is treading below $41,000 this morning. The main crypto stocks in the pre-market are also in the red zone. Coinbase Global Inc (NASDAQ: COIN) is down 3% and is trading at around $143. MicroStrategy Inc (NASDAQ: MSTR) stock is down over 3%, trading at $551. Marathon...

As Bitcoin price has rallied past $42,000, the surge in BTC perpetual futures open interest suggests further price rally going ahead. On Monday, December 4, the world’s largest cryptocurrency Bitcoin (BTC) delivered a bullish rally shooting past $42,000. The recent bullishness around Bitcoin revolves around the expectations of a Bitcoin ETF approval in early January 2024. Bitcoin surging past $42,000 is viewed as the beginning of a new crypto supercycle, with enthusiasts predicting it...

With MicroStrategy’s shares trading at $574 ahead of today’s open, a level not seen since April 2022, investors are closely watching the company’s performance amid the ongoing crypto resurgence. Recent market dynamics have highlighted the impact of the ongoing Bitcoin (BTC) price rally on certain stocks, with Coinbase Global Inc (NASDAQ: COIN) and MicroStrategy Inc (NASDAQ: MSTR) emerging as key beneficiaries in this unique correlation. In the past 24 hours, both COIN and MSTR stocks...

The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day. Bitcoin (BTC) mining stocks enjoyed significant gains on Thursday as the price of the coin hovers around $35,000, its highest level in over 17 months. Bitcoin Mining Stocks’ Strong Performance According to reports, US-listed mining companies such as Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT), and CleanSpark Inc (NASDAQ: CLSK)...

Marathon said it is cooperating with the SEC to provide the requested information, highlighting that it was dedicated to abiding by all relevant laws and rules. Bitcoin mining firm Marathon Digital Holdings Inc (NASDAQ: MARA) has gotten a subpoena from the United States Securities and Exchange Commission (SEC) in connection with suspected violations of Federal securities laws. According to reports from Bloomberg, the subpoena requests the production of certain documents related to the...

Leading digital asset Bitcoin hit $30K for the first time in almost a year amid prevalent gains in crypto stocks. Crypto stocks are rising, with players Marathon Digital Holdings (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT) leading gains. The duo is trading up at 11% and 15%, respectively, with prominent coin Bitcoin (BTC) also changing hands at $30K. As it stands, BTC price is up by more than 80% so far this year. Besides MARA and RIOT, other smaller crypto stocks also experienced...