Oddbean new post about login | logout Bitcoin Surge Fuels Explosive Growth for Crypto Miners: Marathon and Riot’s Stocks Skyrocket. The recent rebound in Bitcoin prices has had a ripple effect across the crypto industry, notably boosting the stock prices of leading Bitcoin mining companies.As Bitcoin surges past the $65,000 mark, firms like Marathon Digital (MARA) and Riot Blockchain (RIOT) are experiencing significant financial gains, highlighting the interconnectedness of cryptocurrency asset values and mining profitability. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1721606523089-YAKIHONNES3.jpg
The recent rebound in Bitcoin prices has had a ripple effect across the crypto industry, notably boosting the stock prices of leading Bitcoin mining companies. As Bitcoin surges past the $65,000 mark, firms like Marathon Digital (MARA) and Riot Blockchain (RIOT) are experiencing significant financial gains, highlighting the interconnectedness of cryptocurrency asset values and mining profitability.
cryptocurrency mining companies Marathon Digital Holdings (MARA) and Riot Platforms (RIOT) experienced significant growth, fueled by the surge in Bitcoin's price. According to data from S&P Global Market Intelligence, Riot Platforms saw a 29.5% gain, while Marathon Digital Holdings rose by 46.1%. CleanSpark (CLSK) also experienced a notable increase with a 107.7% jump in stock value
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