2024-03-20 07:50:00 ET
Bitcoin (CRYPTO: BTC) has rallied 50% this year as excitement in the Crypto world remains high. But not all crypto investments have been doing well. Shares of Marathon Digital (NASDAQ: MARA) and Riot Blockchain (NASDAQ: RIOT) are down more than 15% thus far in 2024.
After strong years in 2023, have these stocks simply run out of steam, or are they potential bargains for crypto investors today?
Last year was a tremendous one for Bitcoin miner Marathon Digital. Its shares skyrocketed 587% on the cryptocurrency's rising valuation. As one of the largest Bitcoin miners in North America, its operations benefit significantly from higher prices.
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These 2 Crypto Stocks Are Down More Than 15% This Year -- Have They Become Bargain Buys?