MARA - Bitcoin Miner Marathon Digital Is Surging Thursday: What's Going On? | Benzinga
Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading higher Thursday on the heels of the company's quarterly results. The Bitcoin (CRYPTO: BTC) miner also appears to be getting a lift from a rise in the price of Bitcoin.
What To Know: Marathon Digital reported third-quarter revenue of $97.8 million, which missed the consensus estimate of $99.702 million, according to Benzinga Pro. Revenues were up from $12.7 million year-over-year, driven by a 467% increase in Bitcoin production and 32% higher Bitcoin prices.
The Bitcoin ...