Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Marathon Digital Stock Is Jumping This Week

TheMotleyFool

0 0

Why Marathon Digital Stock Is Jumping This Week:

Marathon Digital (NASDAQ: MARA) stock jumped again this week. The Bitcoin mining company's share price ended this week's trading up 12.3% compared to last week's close, according to data from S&P Global Market Intelligence.

Marathon Digital stock gained ground thanks to continued momentum for Bitcoin. The market-leading cryptocurrency has rallied 9.3% over the last week and climbed above a significant valuation threshold.

Bitcoin is now trading at approximately $51,500 per token. With the gains, Bitcoin's valuation has once again been pushed above the $1 trillion mark. Prior to this week's trading, the token's market capitalization hadn't been above that threshold since November 2021.

Source Fool.com

Like: 0

MARA

Share