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The Price Action of MARA Stock In the five days heading into today, the shares had dropped by 22%, while they had slumped 32% in the previous three months. But in the last 12 months, MARA stock had advanced 123%. On the date of publication, Larry Ramer did not hold (either...
Marathon’s Bitcoin Holdings and MARA Stock As of Nov. 30, Marathonowned 14,025 Bitcoins. Because the company owns so much Bitcoin, MARA stock tends to move in tandem with Bitcoin’s price action. Largely in anticipation of the launch of Bitcoin exchange-traded funds (ETFs), the token’s ...
After putting$150 millioninto the cryptocurrency andchanging its nametoMarathon Digitalearly this year, the stock is hot again. Today it trades at around $40 with a $4 billion market cap after recording a loss of $10 million on revenue of $4.5 million for all of 2020. The New Game and ...