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home / news releases / MARA - The Crypto Party Rages On

MARA - The Crypto Party Rages On

Marathon Digital Holdings Inc.
Stocks rose this week, with investors piling into growth-oriented segments of the market. At the time of this recording, the S&P 500 (SP500) and Dow Industrials (DJI) were up 0.3% and 0.1% for the week, respectively. The Nasdaq (COMP) rallied by 0.9% while cryptocurrencies (and crypto stocks) saw the biggest gains. Winners & Losers Bitcoin (BTC-USD) gained about 21% after Elon Musk’s Tesla (TSLA) said it had invested $1.8 billion in the cryptocurrency. Shares of crypto-related companies rallied on the news and were some of the biggest winners for the week. Riot Blockchain (RIOT) is up 87%, Marathon Patent Group (MARA) is 64% higher, and Grayscale Bitcoin Trust (GBTC) 27% to the good. Semiconductors also gained significantly on reports the Biden administration signed an executive order to authorize supply chain reviews. KLA (KLAC), Lam Research (LRCX) and Applied Materials (AMAT) are up about 10% each MicroVision (MVIS) skyrocketed, gaining more

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The Crypto Party Rages On
Stock Information
Company Name: Marathon Digital Holdings Inc.
Stock Symbol: MARA
Market: NASDAQ
Website: marathondh.com
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