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18 April 2021

Marathon Digital stock soars after company ramps up BTC mining in Q1

Marathon Digital stock soars after company ramps up BTC mining in Q1


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Marathon Digital stock soars after company ramps up BTC mining in Q1.

Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC) by a considerable margin. .

At current values, Marathon Digital has a total market capitalization of $5.6 billion, putting it among the largest crypto proxy stocks.

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