Marathon Digital inventory soars after firm ramps up BTC mining in Q1 By Cointelegraph

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Marathon Digital inventory soars after firm ramps up BTC mining in Q1

Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner introduced a big enhance in mining capability within the first quarter, permitting it to up its stake in (BTC) by a substantial margin.

MARA inventory jumped 15.8% to shut at $56.56, marking a brand new all-time excessive. The crypto mining inventory rose by as a lot as 17.1% earlier within the day.

Marathon Digital’s share value closes at a brand new all-time excessive. Supply: TradingView