What if you had invested $1,000 in Marathon Digital in the summer of 2019? Here's what you'd have today. The company now known as Marathon Digital Holdings (MARA -4.38%) wasn't always a powerhouse of Bitcoin (BTC -0.06%) production. By the summer of 2019, it had dipped its first toe into the Bitcoin-mining waters, but its core business still consisted of monetizing a portfolio of acquired patents and other intellectual property. With a total market value of $22 million, Marathon's stock teetered on the edge ...

In the latest market close, Marathon Digital Holdings, Inc. (MARA) reached $18.89, with a -0.74% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.02%. Elsewhere, the Dow gained 1.09%, while the tech-heavy Nasdaq added 1.18%.Shares of the company have depreciated by 4.03% over the course of the past month, underperforming the Business Services sector's gain of 0.23% and the S&P 500's gain of 4.44%.Investors will be eagerly watching for the performance o ...

Back in 2021, growth stocks had skyrocketed. One reason for the rally was easy money policies and as interest rates increased, growth readjustments translated into correction for some of the best growth stocks. However, with the likelihood of multiple interest rate cuts in the next 12 to 24 months, I am bullish on another big rally for growth stocks. The focus of this column is on under-$30 growth stocks to buy that can deliver 3-bagger returns in 24 months.The first two stocks discussed in the column repre ...

93 Million KAS Mined, Equivalent to $15 Million, as of June 25, 2024 Fort Lauderdale, FL, June 26, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that the Company is mining Kaspa (KAS), a proof-of-work (PoW) digital asset, to further diversify its portfolio of digital asset compute. Kaspa is currently the fifth largest proof-of-work digital asset by mar ...

Bitcoin mining stocks are under intense pressure as the BTC price continues its remarkable collapse. Marathon Digital (MARA) stock price dropped by more than 2.7% on Monday while Riot Platforms (RIOT) crashed by over 3.56%. Other mining companies like CleanSpark, Iris Energy, Hut 8 Group, and Bitfarms have also retreated.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Bitcoin has formed a risky patternCopy link to sectionThe main catalyst or the ongoi ...

Marathon Digital Holdings, Inc. (MARA) ended the recent trading session at $20.66, demonstrating a +1.87% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.25% for the day. Meanwhile, the Dow gained 0.77%, and the Nasdaq, a tech-heavy index, lost 0.79%.Shares of the company have depreciated by 4.52% over the course of the past month, underperforming the Business Services sector's loss of 0.21% and the S&P 500's gain of 3.59%.The investment community w ...

Marathon Digital Holdings, Inc. (MARA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +4.9% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Technology Services industry, to which Marathon Digital belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be headed in the near te ...

Average Operational Hash Rate Increases 22% M/M to 25.7 EH/s Increased BTC Holdings to 17,857 BTC; Total Cash and BTC of $1.5 B as of May 31, 2024 Fort Lauderdale, FL, June 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2024. Management Commentary "The strength of our M ...

Average Operational Hash Rate Increases 22% M/M to 25.7 EH/sIncreased BTC Holdings to 17,857 BTC; Total Cash and BTC of $1.5 B as of May 31, 2024 Fort Lauderdale, FL, June 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2024. Management Commentary "The strength of our MA ...

Marathon Digital Holdings ((MARA) is a digital asset technology company that mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. I recently told my investor group to buy MARA under $20 before the infamous "Bitcoin Halving" on April 20 because I believed that all the pessimism had been discounted since the stock had just fallen nearly 50%. Fast forward six weeks and it seems like the stock is still stuck in the same old place. And their quarterly report in e ...