RIOT - Bitcoin Mining Stocks Are Moving Higher Monday: What's Going On? | Benzinga
Shares of several Bitcoin mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are rising Monday amid strength in the price of Bitcoin. Here’s a look at what you need to know.
What To Know: Bitcoin mining stocks rallied alongside bitcoin and the broader crypto space at the start of the year as several spot Bitcoin ETFs were approved for trading, sparking increased demand for the world’s largest crypto.
Following bitcoin ETF approval, investors turned their attention to last month’s halving event. The halving is a programmed process in the bitcoin protocol that occurs every 210,000 blocks, or ...