Marathon Digital (MARA) Stock: Why The Price Increased Today

Mar 28th, 2022 13:17 EST
  • The stock price of Marathon Digital Holdings (NASDAQ: MARA) increased by over 5% during intraday trading today. This is why.

The stock price of Marathon Digital Holdings (NASDAQ: MARA) increased by over 5% during intraday trading today. Investors appear to be responding in sympathy with an increase in cryptocurrencies over the past 24 hours.

Bitcoin increased from about $44.85K yesterday afternoon to $47.5K as of 12PM ET today. And Ethereum increased from about $3.1K yesterday afternoon to about $3.36K as of 12PM today.

Marathon Digital is a company that engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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