Bitcoin miner Marathon shares up 23% despite 42% production plunge
On Friday, Marathon Digital Holdings Inc (MARA) shares surged by 23% to reach $21.58, echoing the upward trend seen across all U.S. stock market crypto-related companies following Bitcoin‘s surge to $46,000, according to data from Google Finance. For Marathon, the surge is notable given that the company reported a negative production rate for January, as it managed to mine 1,084 BTC last month, representing a 42% decrease compared to figures reported in December 2023.
Source
t.me/Binance_Coinbase_Bybit
