Ang Bitcoin miner Marathon ay nagbabahagi ng 23% sa kabila ng 42% production plunge
Ang Bitcoin miner Marathon ay nagbabahagi ng 23% sa kabila ng 42% production plunge With Bitcoin edging towards $47,000, Marathon Digital shares surge despite a considerable decrease in mined BTC in January. 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 Bitcoins surge to $46,000, according to data from Google Finance. MARA stock price in USD 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. In a press release on Feb. 5, Marathon said the plunge was triggered due to “weather-related curtailment and equipment failures that led to site outages.” “Our team is addressing the short-term disruptions and working to bring our sites back to full strength. We expect hash rate to improve over the next few weeks.” Marathon Digital CEO Fred Thiel Marathon‘s positive response to Bitcoin’s price hike is mirrored by other crypto-related companies performance. For example, Canaan Technology (CAN) saw a 20% increase to $1.54, Bitdeer (BTDR) rose 16.6% to $8.25, Coinbase (COIN) climbed 8.6% to $132.5, and